Cover
title | : | Economic Rights and Environmental Wrongs : Property Rights for the Common Good |
author | : | Devlin, Rose Anne.; Grafton, R. Quentin |
publisher | : | Edward Elgar Publishing, Inc. |
isbn10 | asin | : | 1840643285 |
print isbn13 | : | 9781840643282 |
ebook isbn13 | : | 9781840647631 |
language | : | English |
subject | Environmental degradation--Economic aspects, Environmental economics, Right of property, Environmental responsibility. |
publication date | : | 1998 |
lcc | : | GE140.D48 1998eb |
ddc | : | 363.7/058 |
subject | : | Environmental degradation--Economic aspects, Environmental economics, Right of property, Environmental responsibility. |
Page i
Economic Rights and Environmental Wrongs
Page iii
Economic Rights and Environmental Wrongs
Property Rights for the Common Good
Rose Anne Devlin and R. Quentin Grafton
Department of Economics
University of Ottawa
Page iv
Rose Anne Devlin and R. Quentin Grafton 1998
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical or photocopying, recording, or otherwise without the prior permission of the publisher.
Published by
Edward Elgar Publishing Limited
Glensanda House
Montpellier Parade
Cheltenham Glos GL50 1UA
UK
Edward Elgar Publishing, Inc.
136 West Street
Suite 202
Northampton
Massachusetts 01060
USA
Paperback edition 1999
A catalogue record for this book
is available from the British Library
Library of Congress Cataloguing-in-Publication Data
Devlin, Rose Anne, 1956
Economic rights and environmental wrongs: property rights for the
common good / Rose Anne Devlin, R. Quentin Grafton.
Includes bibliographical references and index.
1. Environmental degradationEconomic aspects. 2. Environmental
economics. 3. Right of property. 4. environmental responsibility.
I. Grafton, R. Quentin, 1962- . II. Title.
GE14O.D48 1998
363.7'058dc21
97-33596
CIP
ISBN 1 85898 450 5 (cased)
1 84064 328 5 (paperback)
Printed and bound in Great Britain by
MPG Books Ltd, Bodmin, Cornwall
Page v
To Thomas, and Brecon and Ariana
May they inherit a better world
Department of Economics
PO Box 450, Station A
Ottawa, Ontario
Canada
KIN 6N5
(613) 562-5800 Ext. 1432 and 1688
Fax (613) 562-5999
radevlin@uottawa.ca
qgrafton@uottawa.ca
Page vii
Contents
list of Figures | ix |
Preface | xi |
Acknowledgements | xiii |
| Environmental Wrongs | 1 |
1.1 Harm, History and Humanity | 1 |
1.2 The Environmental Challenge | 4 |
1.3 Humanity and the Environment | 12 |
1.4 Rights and Remedies | 13 |
1.5 Further Reading | 16 |
| Externalities and the Environment | 18 |
2.1 Externalities | 18 |
2.2 Types of Pollution | 26 |
2.3 Externalities, Economics and the Environment | 35 |
2.4 Further Reading | 36 |
| Property Rights for Pollution | 37 |
3.1 The Problem | 37 |
3.2 Property Rights | 38 |
3.3 Property Rights and Pollution | 43 |
3.4 Implementing Property Rights: Why and Why Not? | 65 |
3.5 Further Reading | 67 |
Page viii
| Property Rights for Natural Resources | 68 |
4.1 Characteristics of Natural Resources | 68 |
4.2 Property-Rights Regimes | 73 |
4.3 Rights, Regimes and Remedies | 99 |
4.4 Further Reading | 100 |
| Controlling Environmental Degradation without Property Rights | 102 |
5.1 Controlling the Environment | 102 |
5.2 Poverty and the Environment | 123 |
5.3 Green Accounts | 125 |
5.4 Environmental Degradation, Now What? | 127 |
5.5 Further Reading | 127 |
| Property Rights for the Common Good | 129 |
6.1 Lessons Learned | 129 |
6.2 The Importance of Incentives | 136 |
6.3 The Importance of Institutions | 137 |
6.4 A Final Word | 139 |
Glossary | 141 |
World Wide Web Sites | 156 |
References | 161 |
Index | 179 |
Page ix
List of Figures
|
1.1 | Easter Island | 3 |
1.2 | Annual mean concentrations of suspended particulate matter | 11 |
2.1 | Desirable level of an activity | 20 |
2.2 | Costs associated with reductions in CO2 baseline emissions | 21 |
2.3 | Desirable level of emissions | 23 |
2.4 | Zero level of emission | 24 |
3.1 | Characteristics of property rights | 40 |
3.2 | Characteristics of goods and resources | 41 |
3.3 | The RECLAIM programme of Southern California | 47 |
3.4 | Solving the household waste problem | 51 |
3.5 | The Fox River discharge programme, Wisconsin, United States | 55 |
3.6 | The U.S. trading programme of sulphur dioxide | 60 |
3.7 | Controlling ozone-depleting substances | 64 |
4.1 | Individual transferable quotas in New Zealand's fisheries | 89 |
Page xi
Preface
When we read newspapers or magazines, listen to the radio or watch the television we are likely to learn about at least one environmental challenge or crisis every week. If it is not a global problem like the depletion of the ozone layer, it is a regional concern over acid rain or even a local question of how to find a suitable site for a nearby town's landfill. The fact that you're now reading Economic Rights and Environmental Wrongs means that you are certainly aware of many of these challenges. You are concerned about the problems of pollution, and the fact that many natural resources, such as fish, forests and farming land, are not being used as they should be. Our book provides a way to understand how these problems arise.
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