Environmental Law Commons^™

Implications Of A Federal Renewable Portfolio Standard: Will It Supplement Or Supplant Existing State Inititives?, James M. Van Nostrand, Anne Marie Hirschberger

Law Faculty Scholarship

No abstract provided.

Conservation Easements And Adaptive Management, Jesse Richardson

Law Faculty Scholarship

The perpetual nature of conservation easements makes adaptive management difficult on easement property. Various easement provisions may be used to incorporate adaptive management principles into a conservation easement, but various factors, including state statutory requirements and Internal Revenue Code requirements for deductibility, limit the flexibility of management on conservation easement lands. Jesse Richardson discusses how conservation easements limit implementation of adaptive management principles on protected lands. Case studies of conservation easements that now fail to fulfill the original conservation purpose, but are locked into perpetual conservation, illustrate the limitations of conservation easements. Richardson also discusses likely future conflicts between conservation …

Editor’S Note, Patrick M. Duggan

Duke Environmental Law & Policy Forum

No abstract provided.

Ecosystem Services And Federal Public Lands: Start-Up Policy Questions And Research Needs, J. B. Ruhl

Duke Environmental Law & Policy Forum

No abstract provided.

The State And Regional Role In Developing Ecosystem Service Markets, Gail L. Achterman, Robert Mauger

Duke Environmental Law & Policy Forum

No abstract provided.

Additionality: The Next Steps For Ecosystem Service Markets, Karen Bennett

Duke Environmental Law & Policy Forum

No abstract provided.

See No Evil - Revisiting Early Visions Of The Social Responsibility Of Business: Adolf A. Berle's Contribution To Contemporary Conversations, Erika George

Faculty Scholarship

This Article situates Adolf A. Berle's contribution to the field of corporate law in the context of current debates over the alleged complicity of multinational corporations in international human rights violations. Specifically, this Article revisits some central insights offered by Berle and Gardiner C. Means in The Modern Corporation and Private Property and reconsiders what conducting business consciously across borders requires in the context of a governance gap generated by economic globalization. Further, this Article considers how both ownership and control are well situated to ensure that business conduct becomes better aligned with a growing consciousness that business organizations must …

Design Principles For Carbon Emissions Reduction Programs, Michael P. Vandenbergh, Paul C. Stern, Gerald T. Gardner, Thomas Dietz, Jonathan M. Gilligan

Vanderbilt Law School Faculty Publications

The goal, articulated by President Obama in 2009, of reducing U.S. carbon emissions 17% from the 2005 level by 2020 iseminently achievable without new technology or appreciable sacrifice by energy users. However, achieving it will in part require sophisticated energy efficiency and conservation programs. To overcome institutional and behavioral barriers, these programs will need to implement six principles of effective design derived from 30 years of behavioral and social science research. We focus on the household sector, but believe our general conclusions likely apply to other sectors as well.

We recently developed an analysis for the household sector--energy use in …

Policy Challenges Of The Heterogeneity Of The Value Of Statistical Life, W. Kip Viscusi

Vanderbilt Law School Faculty Publications

Economic research has developed estimates of the heterogeneity of the value of statistical life (VSL) on dimensions such as individual age, income, immigrant status, and the nature of the risk exposure. This paper examines the empirical evidence on the heterogeneity of VSL and explores the potential implications for the valuation of regulatory policies. Previously, the U.S. Environmental Protection Agency (EPA) unsuccessfully sought to adopt a simple age discount percentage for VSL based on survey evidence. However, labor market estimates of VSL indicate a pattern that tracks lifetime consumption trajectories, as the VSL rises with age and eventually tapers off but …

Ecosystem Services And Federal Public Lands: Start-Up Policy Questions And Research Needs, J.B. Ruhl

Vanderbilt Law School Faculty Publications

This Essay, based on my presentation at Duke Law School's 2009 symposium, Next Generation Conservation: The Government's Role in Emerging Ecosystem Service Markets, briefly examines this emerging policy front and proposes a set of key policy questions, research needs, and options for building on the policy work that has been done to date. Part I outlines the basic context for thinking about the role federal public lands might play in the management of ecosystem services, and why using the ecosystem services concept in public land policy is worth considering. Part II proposes several key research paths that must be addressed …

Siting Transmission Lines In A Changed Milieu: Evolving Notions Of The "Public Interest" In Balancing State And Regional Considerations, Jim Rossi, Ashley C. Brown

Vanderbilt Law School Faculty Publications

This Article discusses how state public utility law presents a barrier to the siting of new high voltage transmission lines to serve renewable resources, and how states could approach its evolution in order to preserve a role for state regulators in a new energy economy in which renewable energy will play a significant role. The traditional approach to determining the "public interest" in siting transmission lines is well on its way to obsolescence. Two developments over the past fifteen years have begun to challenge this paradigm. First, policies at the federal level and in many states have encouraged increased competition …

Rethinking Trust Law Reform: How Prudent Is Modern Prudent Investor Doctrine?, Stewart E. Sterk

Articles

During the 1990s, modern portfolio theory provided the theoretical foundation for significant reforms in trust investment doctrine-reforms that freed trustees from a legal regime in which they faced potential liability for making "speculative" investments. The reforms enabled trustees to pursue investment policies that protected beneficiaries against inflation risk. But the reforms worked too well; they encouraged trustees to invest a higher percentage of trust assets in equities just in time for a decade that has seen two precipitous stock market declines. Although no sensible investment strategy would have avoided losses during these periods of market turmoil, the doctrinal reforms endorsed …

Invasive Species And Public Investment In The Green Economy, Invasive Species Advisory Committee

National Invasive Species Council

Invasive Species and Public Investment in the Green Economy, approved by ISAC on June 24, 2010

ISSUE

Invasive species are intricately linked to the economy. Trade, travel, and transport facilitate their spread. Invasive species management requires extensive human and financial resources. The impacts of invasive species can substantially undermine economic growth and sustainable development. United States Executive Order (EO) 13112 defines invasive species as “alien [non-native] species whose introduction does or is likely to cause economic or environmental harm or harm to human health” and states that Federal agencies should …“not authorize, fund, or carry out actions that are likely …

Marine Bioinvasions And Climate Change, James T. Carlton, Sandra C. Lindstrom, Celia M. Smith, Jennifer E. Smith

National Invasive Species Council

BACKGROUND

Invasive species are second only to habitat destruction as the greatest cause of species endangerment and global biodiversity loss. Invasive species can cause severe and permanent damage to the ecosystems they invade. Consequences of invasion include competition with or predation upon native species, hybridization, carrying or supporting harmful pathogens and parasites that may affect wildlife and human health, disturbing ecosystem function through alteration of food webs and nutrient recycling rates, acting as ecosystem engineers and altering habitat structure, and degradation of the aesthetic quality of our natural resources. In many cases we may not fully know the native animals …

The Fifth Amendment & The Endangered Species Act: An Examination Of Regulatory Takings & The California Water Crisis, Wesley Lawrence Carlson

Agribusiness

This study was conducted to determine if reductions in water deliveries to farmers in the San Joaquin Valley due to enforcement of the Endangered Species Act has resulted in a compensable Fifth Amendment taking of property. A case study of the California Water Crisis is examined. The subject of this case study is the Westlands Water District.

The details of the California Water Crisis were outlined. The necessary elements of a takings investigation were identified for the case study. These elements were applied to takings criteria that has been established by the courts. Using prior court rulings as a guide …

Table Of Contents

Journal of Environmental and Sustainability Law

No abstract provided.

Global Warming & Common Law Tort Claims: Did The Fifth Circuit Open Up Pandora's Box. Comer V. Murphy Oil Usa, Thomas C. Smith

Journal of Environmental and Sustainability Law

No abstract provided.

Washing Machines, Water Efficiency, And Federal Preemption: California's Quest To Regulate Water Consumption Under The Epca. California Energy Commission V. Department Of Energy , Kameron M. Lawson

Journal of Environmental and Sustainability Law

No abstract provided.

Decades Of Uncertainty End With Error. Entergy Corp. V. Riverkeeper, Inc., Aaron Sanders

Journal of Environmental and Sustainability Law

No abstract provided.

Interpreting The Wilderness Act Of 1964, Gordon Steinhoff

Journal of Environmental and Sustainability Law

No abstract provided.