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Articles 1 - 5 of 5
Full-Text Articles in Law
Planning For A Bull Market For Wetlands, Fred P. Bosselman
Planning For A Bull Market For Wetlands, Fred P. Bosselman
All Faculty Scholarship
Until recently, wetlands had value in the marketplace only as targets for destruction. Today, wetlands often have market value for uses that do not require that they be dredged and filled. Such opportunities include: 1. Carbon storage offsets for greenhouse gas emissions; 2. Mitigation banks for destruction of other wetlands; 3. Conservation banks for wildlife protection; 4. Tradable water quality protection rights; 5. Sites for growing algae or other biofuel crops. These new uses have valid public benefits, but most laws and ordinances were not written with these possibilities in mind. Planners and lawyers need to think about ways to …
The Environment And Climate Change: Is International Migration Part Of The Problem Or Part Of The Solution?, Howard F. Chang
The Environment And Climate Change: Is International Migration Part Of The Problem Or Part Of The Solution?, Howard F. Chang
All Faculty Scholarship
No abstract provided.
Swamp Swaps: The "Second Nature" Of Wetlands, Fred P. Bosselman
Swamp Swaps: The "Second Nature" Of Wetlands, Fred P. Bosselman
All Faculty Scholarship
No abstract provided.
General Permits Under Section 404 Of The Clean Water Act, Steven A.G. Davison
General Permits Under Section 404 Of The Clean Water Act, Steven A.G. Davison
All Faculty Scholarship
No abstract provided.
Problems Of Equity And Efficiency In The Design Of International Greenhouse Gas Cap-And-Trade Schemes, Jason S. Johnston
Problems Of Equity And Efficiency In The Design Of International Greenhouse Gas Cap-And-Trade Schemes, Jason S. Johnston
All Faculty Scholarship
This article argues that international greenhouse gas (GHG) cap-and-trade schemes suffer from inherent problems of enforceability and verifiability that both cause significant inefficiencies and create inevitable tradeoffs between equity and efficiency. A standard result in the economic analysis of international GHG cap and trade schemes is that an allocation of initial permits that favors poor, developing countries (making such countries net sellers in equilibrium) may be necessary not only to further redistributive goals but also the efficiency of the GHG cap and trade scheme. This coincidence of equity and efficiency is, however, unlikely to be realized under more realistic assumptions …