Benefits to Industry of Planning For Regulatory Compliance
Andes, Fredric P.
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This article discusses the benefits that are to be gained by industry when it takes a planning approach to environmental compliance. The article advocates that industry establish an internal compliance planning system which results in significant long term savings. Environmental compliance problems are avoided, thereby saving industry time and money in the long run. Further, industry, by planning for the future, can impose regulatory burdens on competitors, avoid costs by reducing use of hazardous materials, and create better working relationships with regulatory authorities. The article concludes with an example of an effective compliance program.