Business Ethics: Mongolia Aims to Tap Coal as New Cash Cow

In the newspaper The Province, an article with the title Mongolia Aims to Tap Coal as New Cash Cowwas featured in the September 15, 2010 edition. This article explains how the there is a large coal reserve located south of the Gobi Dessert. The amount located there “could be Mongolia’s black gold” and “Mongolia could earn up to $600 million”. After discovering this area, ” the government [has] began accepting bids from mining firms.” In this article, since the revenue from the coal is so great, the government has been overlooking the effects that mining from this area has on the land. The Gobi Dessert is has been scientifically proven to be growing at an alarming rate, yet the government has chosen to ignore this fact and continue to mine. The threat of desertification is present, however the government neglected this fact and decides to mine in that area.

 

Picture of a coal mining area in United States http://www.treehugger.com/files/2007/09/majority_of_american_public.php

September 15, 2010Permalink Leave a comment

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