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A couple of reference for further reading on the subject. "...if a product polluted the air, victims could sue the product maker, who in turn would pass the co
by 13years 11y ago
A couple of reference for further reading on the subject.
"...if a product polluted the air, victims could sue the product maker, who in turn would pass the costs of restitution onto the consumer. Higher prices would discourage use and decrease pollution..."
http://www.ruwart.com/environ2.lpn.wpd.html http://www.ruwart.com/environ2.lpn.wpd.html
The only reference I know of in modern time where property rights were actually used was in Canada. Look up Terence Corcoran and clean water. He produced a documentary how Canada's waters have become polluted after property rights were abolished in 1955.
This is a good reference on the history of environmental policy. In an interesting section here, the book states how property rights in the US were purposely weakened to allow for pollution.
https://books.google.com/books?id=ZqRjI6JcgrMC&lpg=PA127&pg=PA126&hl=en#v=onepage&q&f=false https://books.google.com/books?id=ZqRjI6JcgrMC&lpg=PA127&pg=...