This website uses cookies to ensure you have the best experience. Learn more

Memorandum Essay

1241 words - 5 pages

-------------------------------------------------
MEMORANDUM
To: Peter J. Monte, founder and owner of United Concrete
From: Adel B. Iglikova, Staff Assistant
-------------------------------------------------
Re: Recommended forms of pending regulation to predict most accurately immediate costs of compliance while incurring the lowest immediate costs
Background:
Legislation in several forms is pending in Congress to control emissions of greenhouse gasses to reduce the adverse effects of climate change. United Concrete Company is a midsized firm that makes cement. The firm is expanding by acquiring other firms; the plants exhibit a wide range of variation in the equipment and processes. ...view middle of the document...

Also, each regulation is designed to force the same overall nationwide reduction in greenhouse gasses. As it is known, it designed the way that allows fewer emissions each year than in the year before, and each moves toward the same ultimate target in the same stepped annual stage. The purpose of the staging gives additional time to allow the industry to gather all the necessary information that is needed to implement the compliance effectively and incur the lowest immediate costs of compliance.
Under the compliance regulation for Command and Control Regulation, Congress is considering forcing all industries to reduce the gas emissions and also to use the best available technology in all newly constructed plants. However, it is determined that the firm is expanded by acquiring other firms, so the plant exhibits a wide range of variation in the equipment and processes. First of all, cost of best available technology is unknown, as well as the number of prospective plants build. Secondly, in order to reduce the emissions and reach the required percentage reduction in gas emissions stated by Congress, it is necessary to reduce the production. Cost of this approach is known, because it can be found by calculating lost sales from the decrease of the production. Taking into consideration that this cost is not specific just for Command and Control, but also to other types of regulation, this cost can’t be taken into the comparing costs for the regulations.
To conclude, the best way to compare Command and Control regulation with Tax on Emissions and Cap and Trade permit System would be the best available technology. Unfortunately, there is no choice in less expensive alternatives, such as paying the tax on emissions or buying/trading permit system, because the company is required to buy this equipment, even if the there was a cheaper way to reduce emissions. Overall, the cost of Command and Control Regulation is not predictable.
To sum up, Command and Control regulation also is clearly the most costly as it required mandate and less socially effective than market incentive regulation. So the company shouldn’t take this approach as the lowest immediate costs of compliance.
Under the Tax on Emissions Regulation, Congress may adopt a bill that would impose a specific tax on each unit of greenhouse gasses that a firm emits. The EPA may specify the regulation by imposing the tax on emissions or on inputs. Therefore, there is an alternative option of reducing production to reduce emissions or paying the tax. Since it was mentioned earlier that reducing production costs are known, but also common to all three types of regulation, it can’t be...

Other Papers Like Memorandum

Memorandum Essay

989 words - 4 pages MEMORANDUM To: Carol Cleaver, Instructor From: Adam Henn Date: Oct. 9, 2012 ------------------------------------------------- Re: Case Study No. 1 ------------------------------------------------- I appreciate this opportunity to assist you in this assignment and address the board with my findings. As per the assignment I have researched the following topic from the course materials. “Illness and death associated with the

Memorandum Essay

1079 words - 5 pages MEMORANDUM TO: BRUCE LAMB FROM: KRIS STRICKLAND SUBJECT: FINAL MEMO DATE: 3/14/2012 I. QUESTION PRESENTED Mr. and Mrs. Adams were the co-signers on their son’s student loan. Two years after graduating from college their son died in an automobile accident. Two months later Mr. Adams lost his job. After struggling for awhile, Mr. and Mrs. Adams were unable to keep up with their bills. They decided to file for bankruptcy and were trying

Memorandum

1003 words - 5 pages THE COMPANIES ORDINANCE, 1984 COMPANY LIMITED BY SHARES MEMORANDUM 0F ASSOCIATION OF XYZ BANK LIMITED I. The name of the company is XYZ BANK LIMITED. II. The Registered Office of the Bank will be situated in the Province of Punjab. III. The objects for which the Bank is established are to undertake any or all of the following business in or outside Pakistan: 1. To carry on the business of a "banking company

Memorandum - 902 words

902 words - 4 pages MEMORANDUM TO: Mr. Lim FROM: Ms. Ixara DATE: 4 August 2013 ------------------------------------------------- RE: Tardiness Issue After reading the case and information given, it could be concluded that Amran is a good worker yet he has a problem regarding tardiness. There are some beneficial recommendations that could be implemented for the purpose of improvement as well as the consequences if actions are being made. 1

Memorandum - 807 words

807 words - 4 pages Example of a memorandum Subject: Change in Curriculum Date: September 19, 2013 It has been brought to my attention that there is a lack of understanding among students and parents about Pre AP classes and General Biology classes. Many parents are not enrolling their children in Pre AP because they are told the class is fast pace, rigor and only for top students in the school. This leads to: overcrowding of General Biology classes

Memorandum - 1266 words

1266 words - 6 pages MEMORANDUM To : Ministry of Environment and Forests, Government of India From : Krishnan Gopal, Manager (Business Strategy) Date : 8th September 2013 Subject : Moving Towards A Green India ------------------------------------------------- Company’s Profile Jindal Steel and Power Limited (JSPL) is one of India's major steel producers with a significant presence in sectors like Mining, Power Generation and Infrastructure

Memorandum - 1742 words

1742 words - 7 pages Memorandum To: Adrian Lewis From: Student Group Subject: New product, “iFridge” Date: 27.02.2014 To respond to your request here is our proposal for the new innovation of The X Company. We are pleased to present you The iFridge. The iFridge is a high technology product that aims to ease the daily life in kitchen. It is basically a fridge with a touchscreen at first sight. But it’s software, lights, properties of the touchscreen and

Memorandum - 2578 words

2578 words - 11 pages Memorandum TO: Mr. Brett Cohn FROM: John Doe CC: Charles Brides, Betsy Turtz DATE: January 25, 2012 SUBJECT: Clean Bright Cleaning Company Industry Background The cleaning industry like other professions is extensive and diverse. The industry is segmented into commercial and residential cleaning services. The sectors are dramatically different, but demand for each has been equally affected by the recession. Price-based competition is

Memorandum - 2165 words

2165 words - 9 pages MEMORANDUM TO: | Nancy Collins, Director | FROM: | Kelli Rodriguez, Supervisor | DATE: | November 9, 2011 | SUBJECT: | Proposal to cross train current employees so they have deeper product knowledge and more effective tools to become better at selling. | Attached is my proposal to cross train current employees so they have deeper product knowledge and more effective tools to become better at selling. Our current training program for

Interclean Memorandum

804 words - 4 pages Interclean Memorandum Bertheia Gary HRM/531 August 23, 2010 Tiffany Mytty-Klein Interclean, Inc. Memorandum To: Supervisory Team From: Bertheia Gary RE: Management Behavior As you all are aware, the merger between Interclean and EnviroTech is final, and implementation of change will soon occur. There has been recent gossip and rumors about the merger. As managers, let’s be sure to continue to role model, respect and be fair to

Executive Memorandum

576 words - 3 pages Executive memorandum to: accounting staff from: Nicole Bailey, controller subject: Company a pension plans reporting & segments date: 8/1/2011 cc: John Person, Ceo Company A offered two different pension plans to its employees and also reported two different segments. With the recent acquisition of Company A, I have found it in everyone's best interest to review/introduce the financial reporting requirements for a defined contribution

Related Essays

Memorandum Essay 605 Words

605 words - 3 pages Memorandum To: Maureen Kelley From: Tuan Nguyen Date: Subject: Exploration of the financial industry Introduction: This report focuses on the exploration of the financial industry. This memorandum aims to determine the most suitable career path and explore in depth information in respect to that specific career in the US overall. Results: My major focus was to differentiate the career of a financial analyst and personal and

Memorandum Essay 749 Words

749 words - 3 pages Memorandum Cassandra M. Stanback-Peterson February 11, 2013 PA205-02 Introduction to Legal Analysis and Writing Professor John Berube Memorandum To: Professor John Berube From: Cassandra M. Stanback-Peterson Date: February 11, 2013 Re: Attired v. Biddy’s Tea House and Croissanterie STATEMENT OF FACTS Our client, Natalie Attired, was denied unemployment compensation after being terminated for “misconduct” from Biddy’s Tea

Memorandum Essay 1036 Words

1036 words - 5 pages Subject: Reinforcement Memorandum Captain Munoz, this memorandum is in response to the assignment given to Class 24 on the morning of 09-13-2014, shortly after Class was admonished for questions regarding under garments and spandex pants that were asked 09-11-2014 in front of our instructor, Officer Duke Hettick regarding the 'uniform of the day' for the physical training and arrest and control class session 09-13-2014. The

Memorandum Essay 1688 Words

1688 words - 7 pages Memorandum To: Congressman Howard Hughes From: , Chief of Staff Date: January 18, 2015 Subject: Medicare Crisis Congressman Hughes, You have been asked to participate in a panel discussion concerning the Medicare crisis and how expenditures can be reduced. One proposal that is being considered is enrolling participants in HMOs. This memorandum contains information about the Medicare crisis and it will assist you in answering questions