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Wall Street Journal of 14/6/13.

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  • 15-06-2013 12:37am
    #1
    Rocky Bay
    Banned (with Prison Access) Posts: 276 ✭✭


    Todays Wall St. Journal, Friday 14/6/13, has an article titled "A Scrap Over "Beaching" Old Ships". EU Effort to Ban Recycling Method Sparks Objection From South Asia; Toxic Spills vs. a Million Jobs . Possible link:WSJ.com/Marketplace. Video and pictures at:WSJ.com/Business.


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    #2
    Rovi
    Closed Accounts Posts: 8,570 ✭✭✭Rovi


    Not exactly the same title, but it this the article you reference?:
    http://online.wsj.com/article/SB10001424127887324423904578522982568438250.html


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    #3
    Rocky Bay
    Banned (with Prison Access) Posts: 276 ✭✭Rocky Bay


    Rovi wrote: »
    Not exactly the same title, but it this the article you reference?:
    http://online.wsj.com/article/SB10001424127887324423904578522982568438250.html
    I can't access the article, not sure if it is the same story.


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    #4
    zagmund
    Registered Users Posts: 2,501 ✭✭✭zagmund


    What I don't get about this process is how it could ever be acceptable to have this stuff go on outside of a controlled environment. If it's worth the several billion dollars a year to the region then why wouldn't they invest the money in the permanent facilities to handle this properly?

    z


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    #5
    Cookie_Monster
    Registered Users Posts: 24,470 ✭✭✭✭Cookie_Monster


    zagmund wrote: »
    What I don't get about this process is how it could ever be acceptable to have this stuff go on outside of a controlled environment. If it's worth the several billion dollars a year to the region then why wouldn't they invest the money in the permanent facilities to handle this properly?

    z

    it's worth so much because costs and investment are so low. no need for proper infastructure to hold ships, to hold or treat chemicals.

    A proper setup with full facilities would be nowhere near as profitable.


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    #6
    murphym7
    Registered Users Posts: 2,035 ✭✭✭murphym7


    Cookie_Monster wrote: »
    it's worth so much because costs and investment are so low. no need for proper infastructure to hold ships, to hold or treat chemicals.

    A proper setup with full facilities would be nowhere near as profitable.

    Ageed, to do this properly takes the profit out of it, thats why they are driven up on beaches over there. Massive amounts of polution no health and safety to speak of, stupidly low wages etc...... A really horrible shady industry.


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