We all know that greedy businessmen think only of profits, throwing all environmental concerns aside. Environmental improvements since at least the 1960s are due primarily to the work of government regulation.

If you believe the previous paragraph, please take the time to review Pierre Desrochers’ presentation today to the John Locke Foundation’s Shaftesbury Society. Desrochers, associate professor of geography at the University of Toronto, offers almost the exact opposite argument. Desrochers says the profit motive forces businesses to find ways to do their work more efficiently and with less harmful environmental impact.

In the video clip below, Desrochers explains why businesses want to reduce waste:

3:05 p.m. update: Watch the entire 49:35 presentation by clicking play below.

You’ll find other John Locke Foundation video presentations here.