"Despite the industry's best efforts" was not demonstrated in the article. There were efforts by those outside the industry to setup plants, but no mention was made of companies within the industry attempting to start them up despite having known about this quota for 4 years.
And practically, it makes economic sense to ignore the mandate and simply continue what their doing. Fines for 2011 will be 6.8 million. Whereas the cost of setting up a production plant exceeds 100 million and they can use the lack of product to argue against the fines or argue for changing the rules. Considering that this is a tactic frequently used in regards to environmental legislation and policies - without evidence of "best efforts" I would not presume that any efforts where made.
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timeasmymeasure
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Date: 2012-01-16 10:34 pm (UTC)And practically, it makes economic sense to ignore the mandate and simply continue what their doing. Fines for 2011 will be 6.8 million. Whereas the cost of setting up a production plant exceeds 100 million and they can use the lack of product to argue against the fines or argue for changing the rules. Considering that this is a tactic frequently used in regards to environmental legislation and policies - without evidence of "best efforts" I would not presume that any efforts where made.
no subject
Date: 2012-01-17 12:04 am (UTC)