Reenvisioning the Risk Bubble: Utilizing a System of Intra-Firm Risk Trading for Environmental Protection

Ratcliffe, Jesse
December 2004
California Law Review;Dec2004, Vol. 92 Issue 6, p1779
Academic Journal
The article focuses on environmental regulation of industry in the United States. Over the past thirty years, environmental regulation of industry in the United States has achieved remarkable success in reducing air and water pollution, and controlling the effects of hazardous waste. Most environmental regulation in the United States utilizes performance-based and technology-based standards. The article argues that while many of the proposed reforms are valuable additions to the regulatory toolbox, each has disadvantages that restrict its ability to address some of the problems of the current system.


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