Technological developments have contributed significantly to the globalization of this world as well as have supported organizations and customers because new (innovated) products could be produced and offered speedily and cheaply to masses. For instance, I would argue that technology facilitates in product innovation, which benefits society because a large of variety of want-satisfying products are available in the marketplace to benefit their end-users. Similarly, technology facilitates process innovation that, in turn, enables producers to reduce their costs, enhance productivity and maximize shareholders’ wealth. However, I would like to endorse that it is unethical to use technology to produce either socially detrimental products from socially irresponsible production methods or responsible products from harmful methods mainly because consumer, employee and environmental safety are all at stake. Next, the environmental degradation is also against ecological ethics since it leads to resource depletion (marine life and natural assets). Proponents of Utilitarian approach also buttress my aforementioned explanation by arguing that we should leave, at least, the same amount of resources for our future generation that we received from our previous generation. The calculation of risks associated with procurement, production, distribution, and use of different forms of energy is, indeed, a relatively better option to identify the extent of damages and adverse consequences to a society.
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