Environmental issues are now being translated into language of business economics. Some essential questions need to be addressed:
-In today's world, how can enterprises manage in a sustainable manner those renewable natural resources on which their operations are based? How should non-renewable resources be managed? Are the necessary concepts and intellectual framework being developed?
-How can economics be made to work in favour of the environment? Should business be encouraging the development of regulations that rely to the maximum extent possible on market processes to bring about a cleaner and healthier environment? Should the accent on inducing changes in the behaviour of producers and consumers be by establishing incentives?