Год выпуска: 2010 Автор: ANDREW DALIP Издательство: LAP Lambert Academic Publishing Страниц: 116 ISBN: 9783838337180
Описание
Administrative Civil Assessments under the Environmental Management Act, 2000 potentially represent a significant tool for implementing the Polluter Pays principle in Trinidad and Tobago by making polluters liable to pay compensation for environmental degradation. An issue however arises as to whether the measure of compensation under the Act is the loss in Total Economic Value of the affected environmental asset or is instead the cost of remediation or replacing the asset. This book approaches this issue by a comparative analysis between the relevant provisions of the Act and the provisions of legislation in other jurisdictions including the United States and the United Kingdom. The legislative provisions were analysed in the context of contemporary literature on environmental economics methodologies and taking into account the experience of various courts in applying similar legislation. The paper concludes that diminution of Total Economic Value is the correct...
