Event Title

Economic Incentives for Green Chemistry

Start Date

11-12-2017 12:15 PM

Description

The subject of this proposal in Green Chemistry and how economic incentives can lead to the greater implementation of this field in multi-billion-dollar companies around the United States and the world. Organic chemistry research has always been wasteful, and the techniques and field of Green Chemistry can begin to change that dramatically if it was incentivized more. Right now, the government only supplies an award with recognition for employing more sustainable techniques, when tax breaks would encourage this implementation further. With increased incentives from the government and the internal incentives of decreasing costs for the company, it is expected that more of these companies would start employing these techniques. There would also be an increase in centers that just practice Green Chemistry like John Warner’s institute for Green Chemistry. It can be concluded that there would be causation between more governmental economic incentives and more implementation of Green Chemistry.

Share

COinS
 
Dec 11th, 12:15 PM

Economic Incentives for Green Chemistry

The subject of this proposal in Green Chemistry and how economic incentives can lead to the greater implementation of this field in multi-billion-dollar companies around the United States and the world. Organic chemistry research has always been wasteful, and the techniques and field of Green Chemistry can begin to change that dramatically if it was incentivized more. Right now, the government only supplies an award with recognition for employing more sustainable techniques, when tax breaks would encourage this implementation further. With increased incentives from the government and the internal incentives of decreasing costs for the company, it is expected that more of these companies would start employing these techniques. There would also be an increase in centers that just practice Green Chemistry like John Warner’s institute for Green Chemistry. It can be concluded that there would be causation between more governmental economic incentives and more implementation of Green Chemistry.