Who owns the air. The emission offset concept and its implications

Journal Article · · Environ. Law; (United States)

OSTI ID:6815582

Landau, J L

Air traditionally defied concepts of ownership other than communal until the Environmental Protection Agency (EPA) interpreted the offset policy in which air is given a definite economic value. EPA interpretations of the 1970 and 1977 Clean Air Act Amendments changed the status of air from one of common property to that of a marketable state-controlled commodity. The market in emission rights may evolve into a concept of individual property rights. The states were signaled that state implementation plans (SIPs) will affect their economic growth and give them the opportunity to develop and manage that growth. 127 notes and references. (DCK)

• Research Organization: Lewis and Clark College, Portland, OR
• OSTI ID: 6815582
• Journal Information: Environ. Law; (United States), Vol. 9:3
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
54 ENVIRONMENTAL SCIENCES
CLEAN AIR ACT
PROPERTY RIGHTS
AIR
ECONOMICS
MARKET
OWNERSHIP
STATE GOVERNMENT
VALUES
FLUIDS
GASES
LAWS
POLLUTION LAWS
290300* - Energy Planning & Policy- Environment
Health
& Safety
500600 - Environment
Atmospheric- Regulations- (-1989)