Coca-Cola’s problems are different from Wal-Mart’s in that they are largely long-term. The key ingredient in Coke products is water. The company produces its beverages in about 200 countries through local franchises, all of which require a reliable local supply of clean fresh water.Well, right it forces them to worry about it. But what it doesn't force them to do is ensure that everyone else has access to clean drinking water before they start taking water out of the drinking supply to put in beverages to sell to people.
But water supplies are under severe pressure around the world, with most already allocated for human use. The little remaining unallocated fresh water is in remote areas unsuitable for beverage factories, like Arctic Russia and northwestern Australia.
The third company is Chevron. Not even in any national park have I seen such rigorous environmental protection as I encountered in five visits to new Chevron-managed oil fields in Papua New Guinea. (Chevron has since sold its stake in these properties to a New Guinea-based oil company.) When I asked how a publicly traded company could justify to its shareholders its expenditures on the environment, Chevron employees and executives gave me at least five reasons.Yeah I can just picture it. Dimond walks around with some plant guy who points at some pipes and talks about how awesome they are. Seriously, how is Diamond in a position to judge the environmental protections at the drilling site?
I have a family member that is an executive with a major oil company. He related an anecdote about drilling off the coast of California. The environmental regulations require them to stay clean, to keep oil out of the water, which makes sense.How does that even make sense? If we have X amount of oil seep from the ground, and each new drilling platform were allowed to leak X amount of oil, then we would have X*(N+1) oil in the ocean, where N is the number of drilling platforms. And there are thousands of drilling platforms in, say, the gulf of mexico.
Except that some oil just seeps into the water naturally, from underwater sources....
The environmental regulations require the company, then, to maintain cleanliness levels that are more restrictive than what already exists in nature.
When I was backpacking, it wasn't uncommon for me to take out other's trash with me.Yes, and I suppose you also took hedge clippers along to clean up nature's doings as well.
The Coca-Cola company proudly boasts that it has a water use ratio of 2.7 to 1. That is, for every 2.7 liters of water (freshwater) it takes from the earth, it produces 1 liter of product. What happens to the remaining 1.7 liters (or 63%) of the water? It is used to clean bottles and machinery, and is discarded as wastewater.CommonDreams.org
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posted by YoBananaBoy at 12:25 PM on December 11, 2009