This case is aboutÂ POLICY
PUBLICATION DATE: April 01, 1997
Business and International Environmental Treaties: Ozone Depletion and Climate ChangeÂ Case Solution
The study of business interests adds an important passage to our comprehension to our mindâ€™s grasps regarding the making of the foreign environmental agreements. The contrasting role of business interests in the instances of climate change and ozone depletion is crucial to explaining why climate change is a much tougher problem for the international community to tackle. In the case of ozone depletion, business concentration and the technological variables provided incentives for business leaders to invest in processes and alternative products.
By comparison, fossil fuel substitutes present a long-term strategic danger to the major sectors that produce and use these fuels. It will be considerably more difficult to craft an agreement that is certainly satisfactory to the broad variety of sectors impacted by climate change where comparatively few celebrities were involved in ozone depletion. Nevertheless, business does have substantial influence over the timing and shape of international environmental agreements, even when there is significant disunity within the company positions.