Chap018

The Legal and Regulatory Environment of Business

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Unformatted text preview: Chapter 18 - Environmental Laws and Pollution Control CHAPTER 18 ENVIRONMENTAL LAWS AND POLLUTION CONTROL I. LEARNING OBJECTIVES The purpose of this chapter is to introduce the student to basic environmental regulation, especially at the national level. Students should finish the chapter with a deeper appreciation of the complex political and scientific problems associated with environmental regulation. They should also understand that environmental regulation of private enterprise is basically a joint federal-state effort. II. REFERENCES Aldrich, James R., Pollution Prevention Economics: Financial Impacts on Business and Industry . New York: McGraw-Hill (1996). Baumol, William J., The Theory of Environmental Policy , 2d ed. New York: Cambridge U. Press (1988). Environmental Law Handbook , 18th ed. Government Institute (2005). Ferrey, Steven, Environmental Law: Examples and Explanations , 3rd ed. Aspen Pub. (2004). Findley, Roger W. and Daniel A. Farber, Environmental Law in a Nutshell, Farber (2008) Kubasek, Nancy K. and Gary S. Silverman, Environmental Law , 6th ed. Prentice Hall (2007). Mandelker, D.R., NEPA Law and Litigation . Callaghan (1984). Miller, Jeffrey G., Citizen Suits: Private Enforcement of Federal Pollution Control Laws . New York: Wiley Law Pub. (1987). Sands, Philippe, Principles of International Environmental Law , 2d Cambridge U. Pr. (2003). lll. TEACHING OUTLINE A. Emphasize: Environmental and pollution control laws set regulation on three levels: 18-1 Chapter 18 - Environmental Laws and Pollution Control 1. Government's regulation of itself. 2. Government's regulation of business. 3. Suits by private individuals. Additional Matters for Discussion (1) More companies are grappling with environmental issues. According to Steve Liesman, “Texaco Appears to Moderate Stance on Global Warming,” WSJ , 5/15/00: “Big energy companies, auto makers and utilities are increasingly wrestling with global-warming issues as they strive to respond to growing public concern and react to changing environmental regulations.” (2) According to an international Gallop poll of over 22,000 people in 22 countries, the majority of citizens in 16 of the 22 countries expressed a willingness to pay higher products prices in exchange for increased environmental protection. (3) At the 1990 annual meeting of the World Economic Forum, 650 international industry and government leaders ranked the environment as the number one challenge facing business. (4) On the complicated nature of the relationships between the environment, jobs, and regulation, see "Tree-Huggers vs. Jobs: It's Not That Simple," Business Week , 10/19/92, p. 108. GOVERNMENT'S REGULATION OF ITSELF 1. The National Environmental Policy Act A. Emphasize : (1) That the way in which the government regulates the environmental impact of its decision-making is a great concern to the business community because of business involvement in government projects and business use of government property.involvement in government projects and business use of government property....
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Chap018 - Chapter 18 - Environmental Laws and Pollution...

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