Pollution and Property: Comparing Ownership Institutions for Environmental Protection

Environmental protection requires multiple property regimes, including admixtures of private-, common-, and public-property systems.

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Because the control of pollution implies assigning private or public rights and duties with respect to otherwise open-access environmental resources, Cole (law, Indiana U.-Indianapolis) argues that all approaches to environmental regulation constitute a property-based approach to environmental protection. Shifting the choice from whether to which, then, he concludes that no single property regime is demonstrably superior to all others in all circumstances across all dimensions of policy concern. Drat! just when it was nearly written in stone. Annotation c. Book News, Inc., Portland, OR (booknews.com)