The Efficiency of Sharing Liability for Hazardous Waste: Effects of Uncertainty Over Damages
نویسندگان
چکیده
The environmental problems of the United States and the European nations have generated a dynamic body of literature in legal and economic research. One of the most significant branches of this research has been the analysis of strict liability versus ex post negligence standards, and the sharing of damages under each regime, when the level of prospective environmental damages can be estimated with certainty. These studies are crucial to policymakers in many countries, whether they are Americans considering the reenactment of the Comprehensive Environmental Response Compensation and Liability Act (CERCLA) and Resource Conservation and Recovery Act (RCRA) statutes,
منابع مشابه
ECONOMIC INCENTIVES TO ENCOURAGE HAZARDOUS WASTE MINIMIZATION AND SAFE DISPOSAL by Richard
This report examines opportunities for the application of economic incentive instruments for the management and reduction of hazardous wastes. The analysis concludes that as long as firms comply with existing regulations and bear potential tort liability, no additional incentives appear to be warranted. There may be significant residual external damages, however, if full compliance cannot be en...
متن کاملLoad Sharing Control of Parallel Inverters with Uncertainty in the Output Filter Impedances for Islanding Operation of AC Micro-Grid
Parallel connection of inverter modules is a solution to increase reliability, efficiency and redundancy of inverters in Micro-Grid system. Proper load sharing among parallel inverters is a key point. The circulating current among the inverters can greatly reduce the efficiency or even cause instability of the system. In this paper, a control strategy for improving the load sharing performance ...
متن کاملCivil 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...
متن کاملA theoretical framework for determining environmental costs, benefits, and the net welfare effects associated with hazardous waste management
M.A. Abdoli 1 , B. Tavakoli *1,2, M.H. Menhaj3 1- Dept. of Environmental Engineering, University of Tehran, Faculty of Environmental Science, Tehran, Iran. 2-Dept. of Environment, Faculty of Natural Resources, University of Guilan, Someh Sara, Iran 3- Dept. of Rural Development, Faculty of Agricultural Sciences, University of Guilan, Rasht, Iran *Corresponding Author's E-mail: Babak_1...
متن کاملStrict Liability as a Deterrent in Toxic Waste Management: Empirical Evidence from Accident and Spill Data by
This paper explores the issue of whether strict liability imposed on polluters has served to reduce uncontrolled releases of toxics into the environment. Strict liability should create additional incentives for firms to handle hazardous substances more carefully, thus reducing the future likelihood of uncontrolled releases of toxics. However, the size of these incentives may vary according to t...
متن کامل