Regulatory Tailwind as Founding Luck

“when I refer to our good fortune or good luck, I’m referring to starting an oil spill and waste clean-up company the same year that these new laws and regulations came into effect. It’s not like we planned it that way or did some clever market study. Heck, we didn’t even understand the full ramifications of RCRA.”

“If we look back at the Industrial Revolution, protecting the environment was an afterthought, at best. Companies could literally dump their waste anywhere anytime and get away with it with total impunity. They didn’t have to act responsibly, they didn’t have to protect the environment, and they didn’t have to manage or control toxic waste if they did not want to. It was full-on laissez-faire – let things just take their course - at its worst.”