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Judged by the principle of intertemporal Pareto optimality, insecure property rights and the greenhouse effect both imply overly rapid extraction of fossil carbon resources. A gradual expansion of demand-reducing public policies -- such as increasing ad-valorem taxes on carbon consumption or...
Persistent link: https://www.econbiz.de/10012775908
Judged by the principle of intertemporal Pareto optimality, insecure property rights and the greenhouse effect both imply overly rapid extraction of fossil carbon resources. A gradual expansion of demand-reducing public policies - such as increasing ad-valorem taxes on carbon consumption or...
Persistent link: https://www.econbiz.de/10012753836
Judged by the principle of intertemporal Pareto optimality, insecure property rights and the greenhouse effect both imply overly rapid extraction of fossil carbon resources. A gradual expansion of demand-reducing public policies -- such as increasing ad-valorem taxes on carbon consumption or...
Persistent link: https://www.econbiz.de/10012465195
Climate change poses a challenge for maintaining the stable entitlements that are basic to property law. Yet property rights can also serve as aids to climate adaptation. This essay, which was initially delivered as the Wolf Family Lecture on the American Law at the University of Florida,...
Persistent link: https://www.econbiz.de/10014147010
Chapter 1: Introduction -- Chapter 2: Pollution and Natural Rights – Billy Christmas -- Chapter 3: Do Libertarians Have Anything Useful to Contribute to Climate Change Policy? -- Chapter 4: Climate Change Adaptation through the Prism of Individual Rights -- Chapter 5: Common Law Tort as a...
Persistent link: https://www.econbiz.de/10013533961
This Article considers the role of property rights in efforts to sequester underground hundreds of millions of tons of carbon dioxide (CO2) per year from power plants and other industrial facilities in order to mitigate climate change. This technology, known as carbon capture and sequestration...
Persistent link: https://www.econbiz.de/10014209409
Persistent link: https://www.econbiz.de/10011730961
In the second half of the twentieth century, the car industry became a lightning rod for debates about human contributions to climate change. Widespread motorisation galvanised the green movements of the 1960s and 1970s, regulators increasingly demanded the use of pollution and climate...
Persistent link: https://www.econbiz.de/10014521047