Short Answer Question 2 - Conceptual Framework(Answer length - approximately 150 words)Green Manufacturing Ltd operates a chemical plant in Newcastle. Recent inspections by the NSW Environmental Protection Agency (EPA) have identified violations regarding the disposal of hazardous waste, leading to contamination of the Hunter River ecosystem. The EPA has initiated legal proceedings against Green Manufacturing, seeking penalties and remediation costs.The legal team of Green Manufacturing has reviewed the case and advised that, based on the evidence and precedents, they are confident in successfully contesting the allegations. Required:Should Green Manufacturing recognize a liability for this event? Justify your answer by reference to the definition and recognition criteria as per the Conceptual Framework.

If environmental harm is discovered, the business entity causing it is frequently held liable by both the government and the victims of the harm in separate proceedings.Question 7Select one:a.Trueb.False

Product manufacturers accused of exposing the public to chemical concentrations in excess of “maximum contaminant levels,” in violation of The Safe Drinking Water and Toxic Enforcement Act, is an example of environmentalSelect one:a. impact assessmentb.inequalityc.negotiationd.toxic tort

Should industry be held more responsible for plastic pollution?Environmentalists who have long pointed out the shortcomings of plastics recycling say the industry has essentially been getting a free ride. “For decades, the plastic industries have not taken responsibility for the trillions of throwaway plastic items they have produced or for the impact they have had on our environment and our health,” says Greenpeace's Hocevar. “And our officials have also failed to hold them accountable. This has to stop.”For example, environmentalists say the industry has largely not had to pay for much of the recycling infrastructure. Many of these costs have instead fallen on municipalities and governments. Since there is no federal law on recycling in the United States, most states establish legal frameworks around it, and local governments then fund and handle waste management. For example, in Onondaga County in New York, residents paid $2 million in taxes in 2020 that went to cover recycling costs.25At the same time, the federal and state governments subsidize the fossil fuel industry. U.S. subsidies — government economic support to an industry, often through tax breaks or tax incentives — for the extraction of fossil fuels, the primary component of plastics, currently tops $20 billion annually. For example, in 2020, fossil fuel companies received $8.2 billion in tax breaks as part of the federal government's first pandemic relief measure. The next year, President Biden proposed removing major tax breaks from the fossil fuel industry as part of his American Jobs Plan, but it did not pass Congress.26“So you're paying for fossil fuel extraction, its storage and transmission, and its conversion into plastic. And eventually, you'll pay to address the plastic accumulating in our oceans,” wrote Lauren Packard, formerly an attorney at the Center for Biological Diversity, an environmental nonprofit, in a blog. She is now a senior policy analyst at the Tony Blair Institute for Global Change. “Every corporation that touches this stuff along the way takes its profits. And you get stuck with their pollution. It's an insane system that will only get worse until we stop it.”27

Corporate crimes include:Question 1Select one:Exposure of workers to harmful productsDumping of below standard productsEnvironmental degradationAll of the above

Greenwashing is the phenomenon according to which…Domanda 1Rispostaa.the company's conduct is actually sensitive to sustainability b.Supervisors introduced disclosure requirements related to green activities carried out by banks and other firmsc.I don't knowd.Supervisors introduced not mandatory disclosure guidelines related to green activities carried out by banks and other firmse.the company's conduct is only apparently sensitive to sustainability issues