energy and environmental law - outline

Submitted by boden-davidson on Mon, 2010-02-01 11:31

energy is difficult to define
1. energy and mass as separate and distinguishable
2. energy is a process of action, and energy is the result of the process
relative costs and benefits of environmental regulation
1. externalities
2. measuring environmental impact
3. risk [probability that a harm will occur, or reasonable confidence that something will happen] and uncertainty [probabilities of an event occurring are unknown]
ethics
1. environmental protection as a moral imperative
2. corporate citizenship – benefits and burdens
3. monopolies and public utilities
4. public image of corporations [self-interest], and increasing profits from sustainable economic activities
5. economics vs. ethics
  1. opportunity cost
  2. optimal efficiency
  3. marginal costs
  4. externatlities
  5. tragedy of the commons
6. Massachusetts v. EPA case

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