Lawyer Monthly Magazine - March 2019 Edition
10 SPECIAL FEATURE MAR 2019 www. lawyer-monthly .com implementation of those regulations has proven to be arbitrary. Material containing a de minimis level of contamination is rejected as too dirty. Removing the trace contamination would make production costs prohibitive. While promoting domestic recycling processes in China is equally legitimate, the required infrastructure required for such a system (similar or greater in magnitude to what is in place COMMERCIAL TRENDS Angelo L. Rosa, Commercial Advising & Legal Counsel to “catch up”, have created far-reaching consequences. The prime example of such consequences has become mainstream news where China is concerned. Historically, Chinese manufacturers have been themost important partner in international recycling, importing vast quantities of material for ‘transformation’ into finished goods for domestic and export consumption. However, environmental regulation has been out of step with the development of recycling infrastructure. In late 2017, the Chinese government (by its “National Sword” initiative) began imposing oppressive restrictions on imported recyclable commodities. Although the stated reasons for these regulations deterring environmental contamination are legitimate, the practical Whether the impact is positive or negative depends primarily upon how energy companies choose to react to renewable energy generation. Green Technology With experience advising clients in the recycling and green technology sectors, can you share ways in which environmental concerns have impacted clients’ businesses? From outside the recycling sector, the perception of recycling is very simple: put your water bottle in one bin and your plastic wrappers in another. This is the first step in a complex and multi-faceted business model that has worldwide impact. Government regulation must keep pace with the recycling sector, but regulations vary from country to country. Several countries have implemented progressive regulation to nurture the recycling sector within their jurisdiction, while other countries have failed to keep pace and, in an attempt COMMERCIAL TRENDS AFFECTING BUSINESSES IN 2019 With the world around us constantly evolving and developing, businesses and the commercial sector must remain vigilant and pliable towards new trends in order to remain relevant to consumers and clients. Our cover story this month touches on six trends which have somewhat impacted businesses in the US; we speak with Angelo L Rosa, who discusses how the changes in the environment have affected this trend, as well as his role as a commercial attorney. Angelo L. Rosa, Commercial Advising & Legal Counsel, 950 West Bannock Street, Ste. 1100 | Boise, Idaho 83702 Tel. 1(801)440-4400 | Fax. 1(208)515-2203 in the United States) will take several years to implement and manage domestic demand for (previously) imported material. As a consequence, the world’s largest market of willing buyers have been cut off from willing suppliers and a catastrophic decline in the price of recyclable commodities now exists around the world. Renewable Energy It is estimated that as the demand for renewable energy increases, other energy companies will see negative impacts; what do you predict will happen and how should the industry prepare? Whether the impact is positive or negative depends primarily upon how energy companies
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