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Comment: Legal Liability as Climate Change Policy

Author

Listed:
  • Hilary Sigman

    (Rutgers University)

Abstract

Several U.S. states have attempted to use of legal liability imposed on greenhouse gas emitters as a public policy instrument for climate change. This brief comment considers the desirability of this approach, focusing on three possible roles for climate change liability: as a source of compensation, as a direct influence on greenhouse gas concentrations, and as a means to facilitate the adoption of ex ante public policies to control greenhouse gases. The strongest argument for liability may be that the threat of liability improves the chances that climate change policies will use more efficient, revenue-raising instruments.

Suggested Citation

  • Hilary Sigman, 2007. "Comment: Legal Liability as Climate Change Policy," Departmental Working Papers 200703, Rutgers University, Department of Economics.
    • Handle: RePEc:rut:rutres:200703
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    File URL: http://www.sas.rutgers.edu/virtual/snde/wp/2007-03.pdf
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    Cited by:

    1. Leonid Sorokin & Gérard Mondello, 2015. "Sea Level Rise, Radical Uncertainties and Decision-Maker's Liability: The European Coastal Airports Case," GREDEG Working Papers 2015-46, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.

    More about this item

    Keywords

    Environmental policy; Law and economics; Revenue recycling;
    All these keywords.

    JEL classification:

    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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