Environmental liability

Issue #20

Environmental liability is based on the principle that a polluting party should pay for any and all damage caused to the environment by its activities. Commonly known as the polluter-pays principle, it requires that the operator of a hazardous installation bear the cost of reasonable measures to prevent and control accidental pollution from its operations.

The polluter-pays principle serves as the framework for environmental law in many jurisdictions, including the European Union, the United States of America and the Peoples Republic of China. It is also widely  used at the international level, and is employed in the Kyoto Protocol, the international agreement linked to the United Nations Framework Convention on Climate Change, which commits its signatories to set  internationally binding emission reduction targets