Environmental liability

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...

Liability for Past Environmental Contamination and Privatization

This paper examines the role of liability for past environmental contamination in the privatization processes of Central and Eastern Europe. The theoretical section establishes a link between a risk-averse investor’s amount of information regarding the extent of past environmental contamination (and its cleanup costs) and the investor’s willingness to pay for a particular enterprise, i.e., bid....

Franchisor Environmental Liability for Previously Contaminated Property

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...

Environmental liability: A missing use for ecosystem services valuation.

The PNAS 100th Anniversary Special Feature on natural capital and ecosystem services highlights a range of opportunities and challenges to operationalize these concepts to strengthen environmental governance (1). However, the issue’s focus is largely on the role these concepts play in ex ante decisionmaking, and overlooks their role in informing courtroom liability suits for ex post environment...