Natural Resource Damages: A Legal, Economic, and Policy Analysis

Natural Resource Damages: A Legal, Economic, and Policy Analysis

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This book provides an overview of this important and rapidly growing field of environmental liability. It explains the law of NRDs [natural resource damages] and the risks of liability that it creates for businesses. It also discusses some of the practical problems encountered in dealing with NRD liability. The authors identify serious flaws in the existing system and suggest alternative approaches that would protect natural resources without producing enormous transaction costs and exposing U.S. business to uncertain and excessive environmental liabilities found nowhere else in the world.

Publication Date

1995

Natural Resource Damages: A Legal, Economic, and Policy Analysis

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