Issues
in Environmental and Natural Resource Law and Economics: A Selective Survey
I. Introduction:
An Overview of Environmental Law and Economics
A. The
Academic Field of Environmental and Natural Resource Economics
B. Environmental
Policy and Alternative Controls of Environmental Risk
C. Organization
of the Course
II.
Evaluating Environmental and Natural Resource Policies: A Review
of Fundamental Economic Concepts
A. Allocative
Efficiency and Pareto Optimality
B. Pareto
Improvements
C. Distributive
Equity
D. The
Coase Theorem
E. Regulatory
Controls of Environmental Risk Versus Liability Controls
Application: Small
Numbers River Pollution Example
III.
Privately-Initiated, Ex Ante Controls of Environmental Risk
A. Legal
Entitlements and Protections
B. External Cost, Nuisance Law, and Incompatible Land Uses
Application: Right-to-Farm Legislation
C. Public Powers and Private Property Rights
Application:Takings and Federal Wetlands Policy
IV.
State-Initiated, Ex-Ante Controls of Environmental Risk
A. Environmental
Standard Setting
Application: Standard Setting under Safe Drinking Water
Act
B. Economics of Pollution Control: An Overview
Application: Tradeable
Permits, Acid Rain, and the Clean Air Act
C. Dynamic Efficiency, User Cost, and Low-Intensity Land Uses
Application: The Preservation of Prime Agricultural Land
D. U.S. Energy Policy: Oil and National Security
Application: Oil Exploration in the Arctic National Wildlife
Refuge
E. Distributional Considerations in Environmental Policy
Application: Environmental Justice and Siting Potentially
Polluting Activities
Application: Environmental Justice and Enforcement of
the Safe Drinking Water Act
V. Privately-Initiated,
Ex Post Controls of Environmental Risk
A. Environmental
Liability and the Economic Analysis of Tort Law
B. Liability
Rules: Strict Liability and Negligence
Application: Safe Drinking Water and Toxic Tort Litigation
C. Liability
Rules Continued: Joint and Several Liability and Sovereign Immunity
Application: Arizona
Aquifer Protection Program and Exemption Legislation
Application: Liability for Climate Change Damages
VI. State-Initiated,
Ex Post Controls of Environmental Risk
A. Deterrence
with Monetary and Non-Monetary Sanctions
B. Remediation
of Contaminated Land
Application: Environmental Justice and the Enforcement
of Superfund/CERCLA Cleanups
C. Environmental
Crimes
Application: Criminal
Sanctions for Violations of the Clean Water Act
Last updated
January 12, 2012.
Document located at http://ag.arizona.edu/classes/arec576/outline.html
website contact: arecweb@ag.arizona.edu |