Global trading system to reduce trades negative effects


Problem:

In considering efforts within the global trading system to reduce trade's negative effects on the environment, what counter arguments can you suggest for the following?

1) Although there may be pollution effects, they're a small price to pay for a higher standard of living.

2) "Tree-huggers" are always exaggerating the effects on the environment. Who cares if some little toad in the Amazon goes extinct?

As for the second part of my question,

1) How is the global trading system affecting the environment negatively? What are some examples?

2) What additional efforts might help reduce the effects?

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