Explain This Statement and Give Examples Not All Legal Are Ethical

The ultimate refutation lies in the hidden circularity of the finance professor`s argument, which we can illuminate by reflecting on the process by which something is made illegal. Sewage and oil and gas earthquakes are a good example. Sewage injection is legal, but if it is related to earthquakes, this remains to be determined; Is it ethical? Some elements to consider are that when correlating wastewater injection or removal and earthquakes, the methodology creates a model and methodology to understand why, how and to what extent wastewater injection induced seismicity or earthquakes. To start this model, you need to collect data on the number of barrels injecting wastewater into drain wells in the U.S. or even by region, and compare it to seismic activity over time. It would make a beautiful picture. Some additional considerations for the model methodology are to take the volume of liquid injected into the discharge wells and try to correlate the proximity of these removal wells with the epicenter of the seismic event or earthquake. The next step would be the overlay of geological maps of fractures and faults. This would provide data on the proximity of the epicentre to known fractures or faults, provide a possible correlation between the volume injected into the discharge wells and the epicentres, possibly begin to define a radius of induced seismicity and place parameters around areas of interest that may be very sensitive to the injection of disposal wells, as opposed to areas, which are less sensitive or even advantageous for such an injection. Building a data-driven model, rather than seeing a trend and making assumptions, seems to be the best approach. I can assure you that oil and gas operators are just as interested in this data as the general public and academics, if not more so. Rest assured that state regulators are closely monitoring correlations and data from the academic community.

In fact, the Oklahoma Corporation Commission has already introduced regulations for injection drilling. If it is determined that the disposal of oil and gas wastewater is directly linked to earthquakes, the oil and gas industry and our country will face very difficult choices. Without entering into the debate on renewable energies, this country is still heavily dependent on hydrocarbons as an energy source. Operationally, oil and gas operators would be forced to close almost overnight unless they found a proven way to recycle the water produced. This night closure would lead to massive unemployment, power cuts, outrageous fuel prices and general chaos greater than the oil embargo of the 70s. Ethical decisions would focus on future oil and gas demand, environmental responsibility, community engagement and dependence on foreign oil. The utilitarian ethical dilemma becomes one of the best for the United States; Shut down all oil and gas development to reduce the risk of a major earthquake, loss of life and shockwave suffering when domestic oil and gas production is no longer available, or try to mitigate and promote responsible national oil and gas development while trying to understand and reduce the risk of earthquakes in «overflight states»? From what we know today, the disposal of oil and gas wastewater is still legal, but is it ethical? Is it ethical to shut down the main industry that fuels Oklahoma`s economy based on assumptions rather than verifiable data? Laws are written and stated and must be followed for legal purposes. A code of ethics is made up of unwritten moral rules that differ from person to person and culture to culture. […] Rexall`s dubious homeopathic offerings. From Canadian Business and MSN. Because legal is not necessarily ethical.

[…] 03. It is illegal to cross a traffic light or speed, although it is ethical and legal if someone`s life depends on it. As if we had to take him quickly to the hospital. We certainly expect people to act morally and ethically, even when there is no law or legal enforcement to draw the consequences. In particular, we hope that politicians will go beyond legal norms and make ethical choices, as they are elected leaders who are expected to promote the best interests of all citizens. We want to catch the bad guys and promote justice. But how can this happen if we don`t denounce immoral behavior, even if it`s legal? Perhaps our willingness to give people carte blanche when they do bad things, even if they are legal, undermines the likelihood that people will follow the rules, let alone the spirit of the rule. For example, some things are immoral but completely legal. You can probably find many of your own powerful examples, but we`ll only offer a few. First, if you don`t tip in a restaurant, it`s not illegal; But it seems like a crime, especially if the service is good.

As another example, wealthy individuals and companies are often heavily criticized for using loopholes, offshore accounts and other systems to avoid taxes. However, businesses rely more than individuals on publicly funded resources to generate wealth, including roads for shipping goods and services, energy and communication infrastructure, law enforcement, national defense, and bureaucracies that support state, domestic, and international trade. 05. It`s illegal to rent a car or apartment on your behalf for someone else who wouldn`t otherwise qualify, but it`s an ethical thing if it`s supposed to help them succeed in life. Ethics is the aspect of philosophy that deals with issues of human behavior. For health professionals, the Code of Conduct determines acceptable behavior for this profession, in compliance with and supported by legal standards.