> "The environment needs to be a core value, and I hope and pray it becomes your daily anthem."
Strong words from the judge on a fine that's less than 1% of the company's annual profits and about 0.1% of the company's annual revenue.
These fines need to be a percentage of revenue (with a large floor). Not some random number that's a drop in the bucket for most corporations committing these crimes in the first place. As it stands, these fines are (in many instances) less expensive than correcting the issue that caused the fines in the first place.
Strong words from the judge on a fine that's less than 1% of the company's annual profits and about 0.1% of the company's annual revenue.
These fines need to be a percentage of revenue (with a large floor). Not some random number that's a drop in the bucket for most corporations committing these crimes in the first place. As it stands, these fines are (in many instances) less expensive than correcting the issue that caused the fines in the first place.