Institutional investors located in cities with social norms friendlier towards the environment (“green” cities) are sensitive to corporate environmental practices. Their portfolios are tilted away from stocks exhibiting negative environmental practices, particularly those headquartered in...

This paper explores the extent to which emissions limits on stack concentrations under the Large Combustion Plant (LCP) Directive succeeded in mitigating local air pollutants from thermal power stations in the European Union. We take advantage of the discontinuities in regulation status to show...

The paper examines the exposure of mountain creeks towards illegal waste disposal practices related to the lack of waste collection services in rural areas of Romania prior to EU accession and the low waste collection efficiency following the closure of rural wild dumps in 2009-2010. The paper...

It cannot be denied that the Dutch administrative courts judge cases which deal with ‘uncertain risk’. It is interesting to see what review criteria the courts use in these cases. One of the legal questions that arise when thinking about the content, possible codification and application of...

Hedonic property value models are often used to place a value on localized amenities and disamenities. In practice, however, results may be affected by (i) omitted variable bias and (ii) whether homebuyers and sellers are aware of, and respond to, the assumed environmental measure. In this paper...

Economic theory developed in the prior literature indicates that under the joint and several liability imposed by the federal Superfund statute, the government should recover more of its costs of cleaning up contaminated sites than it would under nonjoint liability, and the amount recovered...

Whereas a large number of empirical studies have been devoted to analyzing determinants of environmental compliance (EC) by firms, less attention has been paid to EC by public water systems (PWS). To address this gap in the literature, this article uses data on compliance with maximum...

The rise of shale gas and tight oil development has triggered a major debate about hydraulic fracturing (HF). In an effort to mitigate risks from HF, especially with respect to water quality, many U.S. states have introduced disclosure mandates for HF wells and fracturing fluids. We use this...

The paper examines the incentives that affect public water systems' decisions to notify the public of contamination incidents. A unique dataset on the public notification (PN) of maximum contamination level violations is used to analyze the determinants of, and the impact of regulatory change...

The mining industry, through its extensive activities and prominent presence in developing countries, has strong linkages with issues covered in all 17 of the UN Sustainable Development Goals (SDGs). These linkages are clearly set out in the 2016 Mapping Mining to the Sustainable Development...