New England MBA Forum: March 7, 2017

Join our very own Joe Fusco at The University of Massachusetts Club on Tuesday, March 7, 6 pm-8:30 pm to learn more about SEMBA.

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Coal: An Unsustainable Future

This post was written by Mike Rama, SEMBA ’17.

On Wednesday, February 1, the Senate passed a resolution to remove the Stream Protection Act, a decision that is certain to be stamped with the seal of approval by President Trump in the coming weeks. As summarized by Coal Age, a pro-coal mining news source:

“The final rule (Stream Protection Act) updated the 33-year-old regulations with stronger requirements for surface coal mining operations. The rule would require companies to restore streams and return mined areas to the uses they were capable of supporting prior to mining activities, and replant these areas with native trees and vegetation, unless that would conflict with the implemented land use. The rule requires the testing and monitoring of the condition of streams that might be affected by mining — before, during and after their operations — to provide baseline data that ensures operators can detect and correct problems that could arise, and restore mined areas to their previous condition.”

54 senators opposed the Stream Protection Act, arguing that the law was too burdensome and would kill jobs in the coal industry.

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Ecotourism in the Face of Sustainability Challenges

This post was written by Karen Barnett, SEMBA ’17

I am 40 feet below sea level at a coral reef site in the Bahamas, unsettled by the scene in front of me. Surrounded by marine life, 11 other tourists, and our scuba diving guides, I first notice one diver’s fins scrape the reef below as he attempts to steady himself. To my right, a diving guide taps a stingray so that the animal will swim away to the visitors’ delight. Another tourist feeds the fish, with feed sold directly from the dive shop.

The International Ecotourism Society defines ecotourism as “responsible travel to natural areas that conserves the environment, sustains the well-being of the local people, and involves interpretation and education.” These guidelines stand in contrast to my diving experience, soliciting tourists to enter nature as an observer, not an actor. The same way we don’t visit a national park and expect the weather to perfectly accommodate our schedule, we should not expect wildlife to show themselves for our entertainment.

“How much responsibility do businesses profiting from the natural environment have to enact ecotourism principles in their business models?”

How much responsibility do businesses profiting from the natural environment have to enact ecotourism principles in their business models? A great deal if they want their businesses to thrive in the future.

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