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Environmental Regulation and Compulsory Public Disclosure

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Author :
Release : 2013
Genre : Business & Economics
Kind : eBook
Book Rating : 652/5 ( reviews)

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Book Synopsis Environmental Regulation and Compulsory Public Disclosure by : Shakeb Afsah

Download or read book Environmental Regulation and Compulsory Public Disclosure written by Shakeb Afsah. This book was released on 2013. Available in PDF, EPUB and Kindle. Book excerpt: This book is a remarkable case study of an environmental policy initiative for a national environmental regulatory system in the information age. In 1995 the Indonesian Ministry of Environment took the bold step to launch an environmental disclosure initiative called the Program for Pollution Control, Evaluation and Rating (PROPER). Under PROPER, environmental performance of companies is mapped into a five-color grading scale - Gold for excellent, Green for very good, Blue for good, Red for non-compliance, and Black for causing environmental damage. These ratings are then publicly disclosed through a formal press conference and posted on the internet. Not only did this simple rating scheme create a major media buzz and enhanced environmental awareness of the general public, but it also unleashed a wide range of performance incentives that showed how markets with environmental information could function in a developing country setting. The authors provide a multidisciplinary analysis of how the PROPER program harnessed the power of public disclosure to abate the problem of industrial pollution. They describe how the program has successfully improved the average environmental compliance rate from close to thrity per cent in 1995 to as high as seventy per cent in 2011. This improvement was driven primarily by information disclosure, which avoided expensive and unpredictable legal enforcement through the court system of Indonesia. The combination of institutional history and detailed economic and analyses sheds light on the role of policy entrepreneurs who laid the foundation for disclosure and transparency, despite the constraints of the Suharto regime. The PROPER program is now internationally recognized and continues to serve as a model for many developing countries.

Environmental Regulation and Public Disclosure

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Author :
Release : 2013-03-05
Genre : Business & Economics
Kind : eBook
Book Rating : 093/5 ( reviews)

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Book Synopsis Environmental Regulation and Public Disclosure by : Shakeb Afsah

Download or read book Environmental Regulation and Public Disclosure written by Shakeb Afsah. This book was released on 2013-03-05. Available in PDF, EPUB and Kindle. Book excerpt: This book is a remarkable case study of an environmental policy initiative for a national environmental regulatory system in the information age. In 1995 the Indonesian Ministry of Environment took the bold step to launch an environmental disclosure initiative called the Program for Pollution Control, Evaluation and Rating (PROPER). Under PROPER, environmental performance of companies is mapped into a five-color grading scale – Gold for excellent, Green for very good, Blue for good, Red for non-compliance, and Black for causing environmental damage. These ratings are then publicly disclosed through a formal press conference and posted on the internet. Not only did this simple rating scheme create a major media buzz and enhanced environmental awareness of the general public, but it also unleashed a wide range of performance incentives that showed how markets with environmental information could function in a developing country setting. The authors provide a multidisciplinary analysis of how the PROPER program harnessed the power of public disclosure to abate the problem of industrial pollution. They describe how the program has successfully improved the average environmental compliance rate from close to thrity per cent in 1995 to as high as seventy per cent in 2011. This improvement was driven primarily by information disclosure, which avoided expensive and unpredictable legal enforcement through the court system of Indonesia. The combination of institutional history and detailed economic and analyses sheds light on the role of policy entrepreneurs who laid the foundation for disclosure and transparency, despite the constraints of the Suharto regime. The PROPER program is now internationally recognized and continues to serve as a model for many developing countries.

Deficits in EU and US Mandatory Environmental Information Disclosure

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Author :
Release : 2011-10-20
Genre : Law
Kind : eBook
Book Rating : 570/5 ( reviews)

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Book Synopsis Deficits in EU and US Mandatory Environmental Information Disclosure by : Dirk Bünger

Download or read book Deficits in EU and US Mandatory Environmental Information Disclosure written by Dirk Bünger. This book was released on 2011-10-20. Available in PDF, EPUB and Kindle. Book excerpt: It is the publicity about the Pollutant Release Inventory’s data which creates an incentive for firms to achieve emission reductions. Accordingly, public access to environmental information constitutes a core characteristic of the aforementioned inventory. Here, in essence, two facets arise. First, with regard to the collection, it is disputed whether such information, which may comprise confidential commercial and industrial information in the EU as well as trade secrets in the US, can be protected under fundamental and constitutional property rights respectively. Second, in the context of dissemination and utilisation, it is arguable whether the information indeed impacts polluters and produces an outcome that secures a certain level of environmental protection. The author responds to the first issue by taking the EU and US jurisdictions into account and strives to analyse how this novel form of Internet disclosure liberates market mechanisms in the quest for effective and efficient emission reductions.

Environmental Law: Statutory and Case Supplement

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Release : 2021-08-16
Genre : Law
Kind : eBook
Book Rating : 368/5 ( reviews)

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Book Synopsis Environmental Law: Statutory and Case Supplement by : Robert V. Percival

Download or read book Environmental Law: Statutory and Case Supplement written by Robert V. Percival. This book was released on 2021-08-16. Available in PDF, EPUB and Kindle. Book excerpt: This new edition provides an essential resource for students, teachers and practitioners of environmental law by including the complete, updated text of the major federal environmental laws and executive orders governing how agencies implement environmental policy. The supplement also includes significant Supreme Court decisions in cases decided during the last three years. New to the 2021-22 Edition: Edited copies of important new Supreme Court decisions interpreting the Comprehensive Environmental Response, Compensation and Liability Act (Guam v. U.S.) and the Endangered Species Act (U.S. Fish & Wildlife Service v. Sierra Club) and ruling on the reviewability of removal orders in state climate litigation (BP P.L.C. v. Mayor and City Council of Baltimore). New regulations governing implementation of the National Environmental Policy Act (NEPA). New Executive Orders from President Biden repealing executive orders issued by President Trump and directing agencies to employ an “all of government” approach to climate change and environmental justice. A complete updating of the major federal environmental statutes, including amendments to the Safe Drinking Water Act, the Toxic Substances Control Act, the Oil Pollution Act, the Clean Air Act, and the Federal Land Policy and Management Act.

Incentives for Pollution Control

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Author :
Release : 2000
Genre : Contaminacion
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Incentives for Pollution Control by : J?r?me·Foulon

Download or read book Incentives for Pollution Control written by J?r?me·Foulon. This book was released on 2000. Available in PDF, EPUB and Kindle. Book excerpt: "Both regulation and public disclosure belong in the environmental regulators' arsenal. Strong, clear standards combined with a significant, credible penalty system send the right signals to the regulated community, which responds by lowering pollution emissions. The public disclosure of environmental performance also provides strong additional incentives to pollution control"--Cover.

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