It doesn't really seem fair that a company can return profits to its shareholders for many years while being environmentally negligent, then once it actually has to respond to environmental issues, it can just goes out of business. One, those profits are basically ill-gotten gains, and two, you are encouraging this kind of behavior by letting the people who received the profits keep them.
I'm not sure how to implement this, especially in a way that's fair, but if the company is unable to cover the environmental damage itself I think those profits out to be paying for the damage before taxpayers.
I'm not sure how to implement this, especially in a way that's fair, but if the company is unable to cover the environmental damage itself I think those profits out to be paying for the damage before taxpayers.