Environmental Law, the Economy and Sustainable Development
The United States, the European Union and the International Community

This book explores topics in contemporary debates over environmental quality, economic growth and sustainable development.

Richard L. Revesz (Edited by), Philippe Sands (Edited by), Richard B. Stewart (Edited by)

9780521049009, Cambridge University Press

Paperback / softback, published 7 January 2008

448 pages, 3 b/w illus. 3 tables
22.9 x 15.2 x 2.5 cm, 0.656 kg

'The book is timely in considering the practice of risk assessment, which is already well established, if not without problems, in the US and is very much the coming trend in Europe … Truly interesting and innovative ideas abound in this book, not least in relation to property rights, for example Chichilnisky proposes an International Bank for Environmental Settlements as a means of establishing and supervising a global greenhouse gas permit trading regime that takes into account not just straightforward economic considerations but also related and important issues of justice.' Journal of Environmental Law

This book provides a comparative analysis of environmental regulation in multi-jurisdictional legal and political systems, focusing on the United States, the European Union, and the international community. Each of these systems must deal with environmental interdependencies that cross local borders. Some transjurisdictional environmental problems are global, including stratospheric ozone depletion, climate change and the loss of biodiversity. Other environmental problems, however, are localized in their effect on health and the environment: for example, municipal waste disposal, many forms of pollution and resource development, and drinking water quality. These varying jurisdictional and environmental circumstances pose the central question of how responsibility for addressing different environmental problems should be allocated among the different levels of decision making and implementation in a multi-jurisdictional system.

List of contributors
Introduction: environmental regulation in multi-jurisdictional regimes Richard B. Stewart
Part I. Environmental Regulation in Federal Systems: 1. Federalism and environmental regulation: an overview Richard L. Revesz
2. Economic criteria for applying the subsidiarity principle in European environmental law Roger van den Bergh
3. The political economy of pollution control in a federal system John Ferejohn
Part II. Environmental Regulation and International Trade: 4. Environmental protection and the global trade order Frieder Roessler
5. International trade law and international environmental law: environmental taxes and border tax adjustment in WTO law and EC law Ernst-Ulrich Petersmann
6. 'Environmental protection and the global trade order': a different perspective Scott Barrett
Part III. Choice of Environmental Policy Instruments: 7. Economic incentives for environmental protection: opportunities and obstacles Richard B. Stewart
8. Market-based incentives for environmental protection Eckard Rehbinder
9. Equity and efficiency in global emissions markets Graciela Chichilnisky
Part IV. The Environmental Standard-Setting Process: 10. Institutions for regulating risk Stephen Breyer and Veerle Heyvaert
11. Science and international environmental policy: the Intergovernmental Panel on Climate Change John Houghton
Part V. International Environmental Law and Sustainable Development: 12. Environmental protection in the twenty-first century: sustainable development and international law Philippe Sands
13. Markets and sustainability Geoffrey Heal
Index.

Subject Areas: Environment law [LNKJ]