1)Explain 2 market solutions to reducing "its" environmental impact. Be specific on what type of market you mean for each solution

2)Explain 2 government solutions for reducing negative environmental impact by stakeholders (Identify the stakeholder specifically as well)

A market solution to environmental impact

One's carbon footprint is one of the measures of your impact on the environment based on the amount of carbon dioxide (CO2) emitted as a result of your business activities. An individual can estimate environmental impact by using the Carbon Footprint Calculator. Following, in reducing carbon footprint down to size by following strategies employed by different types of markets which range from a perfect competition where a large number of buyers and sellers are present, and all are engaged in the buying and selling, one may opt for Shipping of goods more efficiently, by actually considering ways to reduce your shipping emissions. Ground shipments, by rail or truck, are generally more fuel-efficient than shipping by air. Fewer, full ground shipments will use less fuel than frequent light loads. If you do not have enough goods for full shipments, consider teaming up with other local businesses. Also, regarding cases of pure monopoly where only a single firm is the sole producer of a product for which there are no close substitutes. Examples are public utilities and professional sports leagues. One should consider near sourcing. This is because all businesses require resources to function, whether it is office supplies or raw materials for manufacturing. Transporting these resources to your door uses energy and creates emissions. Near sourcing is using vendors close to your business which is a growing trend that can reduce your environmental impact and may save you money as well.

Besides, the government imposes some of its solutions to the negative effect of stakeholders on the environment. Such stakeholders include both internal(owners) and external (employees)ones. The government measures include policies aimed at tax to raise the price. For example, individual consumers may prefer to purchase 'green' products from 'green' suppliers. Business customers may also prefer to source from more sustainable suppliers, as part of their commitment to sustainable development. This can be influenced by the government raising prices on the non-green suppliers. Also, regulations to ban certain pollutants and pollution permit some to the employees who can also be an important part of executing government plans, and may, in any case, want to help make the business more sustainable. It's worth considering training and incentives to encourage employees to support the government's strategy. Environmental regulators and other organizations are also good sources of ideas and advice

Source

Robert W McGee, Walter E Block

Fordham Environmental Law Journal 6 (1), 51-77, 1994.

Gwenola Bertolucci, Yann Leroy, Annika Olsson

Journal of Cleaner Production 64, 234-243, 2014.

Shahriyar Nasirov, Claudio Agostini, Carlos Silva, Gustavo Caceres

Clean Technologies and Environmental Policy 20 (1), 3-12, 2018.

Chunyu Zhang, Yi Ding, Niels Christian Nordentoft, Pierre Pinson, Jacob Østergaard

Journal of Modern Power Systems and Clean Energy 2 (2), 126-133, 2014.