The issue of environmental pollution and the following global warming, which is said to bring drastic changes to the world as we know it, has been around for quite a while. However, in the XXI century, it has gained a new relevance, and nowhere is it as evident as in Canada. In order to reduce the harmful effects of pollution emitted annually, the government has issues an incentive by setting the cap on the volume of pollutants that are allowed to be emitted by law. Everything that goes above the norm must be paid for.
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On the one hand, the given solution is rather wise. Indeed, few companies can allow paying additional fees, given the high competition and numerous financial issues related. With that in mind, setting a cap on the amount of pollution emitted by plants and factories seems a reasonable step to make. On the other hand, the given idea presupposes that companies can get the permission to pollute environment beyond the cap set by the state, which somehow rubs the wrong way.
It seems that the idea of additional taxation for emitting pollutants is not the right thing to do in order to save the environment. Instead, it would be much more logic to impose additional restrictions on the actions of the company whose emission rates exceed the ones allowed. Thus, a company would rather find the ways to reduce the pollution rates rather than take losses due to its inaction. Therefore, tradable permits system used in Strathcona needs reconsideration. Once people start caring about the environment, they will be able to find a certain compromise between developing industry and preserving nature.
Intellectual Property in the Context of Bargaining, the Benefit to Society, Incentives, and Appropriability
In the XXI century, when the internet has allowed people all over the world hare their ideas, knowledge, inventions, etc., the issue of intellectual property has become especially topical. While previously, the rights for an intellectual property were rather hard to break, given the fact that the property in question could only exist in hard copies, at present, the process of intellectual property stealing has become upsettingly easy.
To start with, when considering the problem of intellectual property theft in Canada, one should view the issue from the position of bargaining. In the process of bargaining, the author of intellectual property relies on its exclusivity. As a result, the evaluation of the property cost becomes especially difficult. However, by calculating the advantages and the disadvantages of the specified property, one can make an arrangement concerning the price.
The issue should also be considered in the light of the benefit to society. It must be admitted that securing one’s rights for a specific intellectual property does not provide immediate results; however, in a long-term perspective, the benefits for the society from providing protection of the author’s rights is obvious. To start with, the economic stakes rise from protecting people’s intellectual property. With the taxation for intellectual property legal reproduction and selling process, the society will be able to invest into future researches and discoveries.
Finally, the concept of incentives and appropriability must be used to view the issue of intellectual property. There is no secret that people are looking for a reward for their efforts. Thus, in case the authors of the intellectual property realize that people prefer to steal their works via Internet, they will be discouraged from creating anything else. Thus, no other contributions into science, arts, etc. will be made. With that being said, intellectual property must be secured.