The Economics of the Sulphur Industry

Hazleton, Jared E.

doi:10.4324/9781315666044

2016

DOI: 10.4324/9781315666044

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The Economics of the Sulphur Industry

Jared E. Hazleton¹

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2018

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Risk and uncertainty in entrepreneurial decision-making ? The case of the Kokkola Sulphur plant

Laulajainen

1984

GeoJournal

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A major investment decision such as plant location has a time perspective of ten years or more in heavy industry. A corresponding guesstimate on the major items of revenue and cost is needed. A case based on real world data is offered. The case discusses the decisionmaking situation, follows the life cycle of the investment, identifies the prime items of profit and evaluates the management's possibilities of influencing and forecasting them. The case is the Kokkola Sulphur Plant of Outokumpu Oy, Finland.

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Risk and uncertainty in entrepreneurial decision-making ? The case of the Kokkola Sulphur plant

Laulajainen

1984

GeoJournal

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Impact on raw-material markets of environmental policies

Hazleton¹

1971

Technological Forecasting and Social Change

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“Protection to the Sulphur-Smoke Tort-feasors”: The Tragedy of Pollution in Sudbury, Ontario, the World's Nickel Capital, 1884–1927

Kuhlberg¹,

Miller²

2018

Canadian Historical Review

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While there are many tales of mining companies polluting the Canadian communities in which they have operated, Sudbury's early history stands out. It is arguably the most extreme example of an industry dictating to government how the latter dealt with the local pollution problem – in this case, sulphur dioxide emissions. The capstone achievement was the creation of an extrajudicial solution to the problem that permanently suspended the legal rights of residents seeking redress for their grievances. Moreover, the Ontario government was duplicitous in this affair – namely, by zealously luring settlers to the region in an effort to develop farming there even though it was acutely aware of the local pollution problem. Finally, this story is truly tragic because the pollution need never have happened to the extent that it did. The provincial politicians knew full well that the means existed – within a short jaunt of Sudbury no less – to mitigate the problem, but the politicians refused to force the mining firms to adopt them. Retelling Sudbury's story thus highlights how the Ontario government's decision to grant the mining firms practical impunity to pollute the local environment – both human and non-human – was a matter of political choice.

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The Economics of the Sulphur Industry

Cited by 3 publications

References 0 publications

Risk and uncertainty in entrepreneurial decision-making ? The case of the Kokkola Sulphur plant

Risk and uncertainty in entrepreneurial decision-making ? The case of the Kokkola Sulphur plant

Impact on raw-material markets of environmental policies

“Protection to the Sulphur-Smoke Tort-feasors”: The Tragedy of Pollution in Sudbury, Ontario, the World's Nickel Capital, 1884–1927

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