Faure, Michael --- "Economic approaches to environmental governance: a principled analysis" [2016] ELECD 1367; in Fisher, Douglas (ed), "Research Handbook on Fundamental Concepts of Environmental Law" (Edward Elgar Publishing, 2016) 111

Book Title: Research Handbook on Fundamental Concepts of Environmental Law

Editor(s): Fisher, Douglas

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781784714642

Section: Chapter 5

Section Title: Economic approaches to environmental governance: a principled analysis

Author(s): Faure, Michael

Number of pages: 35

Abstract/Description:

In this chapter the economic approach to environmental governance generally and to environmental law in particular is explained. Attention is paid to the goal of environmental policy from an economic perspective, but also to the economic meaning of environmental principles. The question is equally addressed whether there is a convergence or a divergence between the economic and the legal way in which environmental law is approached. Specific attention is devoted to environmental liability, to economic instruments and to optimal enforcement mechanisms.