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Cross-posted from Legal Planet. Imagine a problem: it’s global; it stems from an extremely complex, interconnected system; it has major economic implications.  Sounds like climate change, or in other words, like the kind of problem that the world can’t seem to address effectively.  But no, it’s not Global Climate Change, it’s Global Economic Change.  And […]

Cross-posted from Legal Planet. Administrative agencies sometimes issue regulations that have the effect of overruling state law — and sometimes that is the sole effect of the regulation.  This proved quite controversial during the Bush Administration, which used agency rulemaking efforts to cut back on state tort law.  The ABA has a adopted a new […]

Cross-posted from Legal Planet. A key figure in behavioral economics recently issued a warning about over-reliance on its findings.  In a NY Times op. ed, Dr. George Lowenstein raised questions about some uses of behavioral economics by government policymakers: As policymakers use it to devise programs, it’s becoming clear that behavioral economics is being asked […]

Cross-posted from Legal Planet. According to Thursday’s NY Times, Senate Democrats have agreed to include a utilities-only cap-and-trade program in their energy bill.  That’s certainly not ideal — it excludes a large number of industrial sources, which limits its environmental effectiveness.  The utilities-only program will also be less economically efficient, since it precludes taking advantage […]

  Cross-posted from Legal Planet. On Thursday, the Senate voted down a resolution from Sen. Lisa Murkowski’s (R-AK) to halt EPA regulation of greenhouse gases. The vote was 53 to 47.  What are we to make of the vote? The resolution was offered under the Congressional Review Act, which provides a fast-track mechanism for Congress […]

Rob Verchick’s new book, “Facing Catastrophe: Environmental Action for a Post-Katrina World,” might help avoid future disasters like the Deepsea Horizon blowout.  Verchick views wetlands, lakes, forests, and rivers as a kind of infrastructure, providing ecosystem services that are just as important as the services provided by other infrastructure, such as roads and dams. For instance, […]

Cross-posted from Legal Planet. We’ve known all along that offshore drilling in the Gulf placed at risk exceptionally valuable and sensitive coastal areas.  We need look no further than a forty-year-old court decision on Gulf oil drilling, which made the dangers abundantly clear. In 1971, President Nixon announced a new energy plan involving greatly expanded […]

Cross posted from Legal Planet. A couple of key observations about the oil rig blowout, based on my work on disaster issues. First, “human error” is a cop-out when you’re dealing with major technology.  It’s not like human fallibility is a surprise.  Training, good management, and smart design should be the responses, not whining after […]

Cross-posted from Legal Planet. Libertarians are, of course, deeply suspicious of government regulation. This may lead to a reflexive rejection of climate change mitigation.   But Jonathan Adler, who provides a refreshingly distinctive view of environmental law from the Right, argues otherwise.  In a forthcoming article (only the abstract is available on SSRN), he contends […]