Environmental Liability and Redevelopment of Old Industrial Land

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Environmental liability and redevelopment of old industrial land.

Many communities are concerned about the reuse of potentially contaminated land (brownfields) and believe that environmental liability is a hindrance to redevelopment. However, with land price adjustments, liability might not impede the reuse of this land. This article studies state liability rules-specifically, strict liability and joint and several liability-that affect the level and distribu...

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Nber Working Paper Series Environmental Liability and Redevelopment of Old Industrial Land

Many communities are concerned about the reuse of potentially contaminated land ("brownfields") and believe that environmental liability is a hindrance to redevelopment. However, with land price adjustments, liability might not impede the reuse of this land. Existing literature has found price reductions in response to liability, but few studies have looked for an effect on vacancies. This pape...

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Post-Industrial Land Transformation – An Approach to Sociocultural Aspects as Catalysts for Urban Redevelopment

The inheritance of idled, derelict and frequently abandoned post-industrial structures and sites we found nowadays in our landscapes is, arguably the result of human current and former land uses. One way or another, the present situation, enabled by technological innovation and structural economic change, is somehow based in human (ab)use of limited resources. As mentioned by Krinke, (2001, p.1...

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Civil Liability for Environmental Damage

Protecting nature and preserving its health is emphasized by different religions and human mind. Enjoying a healthy environment is a fundamental human right. Any damage to the environment requires compensation of damages incurred, which is within the scope of civil liability. The key question here is what is the nature of civil liability for environmental damage? How does choosing the right nat...

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ژورنال

عنوان ژورنال: The Journal of Law and Economics

سال: 2010

ISSN: 0022-2186,1537-5285

DOI: 10.1086/649803