The Fourth Annual Cummings Colloquium on Environmental Law
April 30 - May 1, 1999
Durham, North Carolina
For Information call (919) 660-1760
or contact Duke University Conference Services at: firstname.lastname@example.org
Global enviornmental threats increasingly demand global solutions. Yet effective and efficient institutional structures for managing the global commons remain elusive.
This colloquium will ask whether new global property systems, such as tradeable allowances for greenhouse gas emissions, can respond to the challenge of protecting the planet. Convening scholars on the environment, economics, political schience, law, and related disciplines, the conference will address important questions about the roles different property regimes could play to ensure a healthy world.
Can new global property laws and market-based institutions be successfully designed and implemented to constrain oversue of the global enviornment?
Can global environmental resources be "propertized" in effective ways, so that global environmental conservation and stewardship is "internalized" into global markets and can be "purchased" by its beneficiaries?
Can property rights in the global environment be created under international treaty law, whereas traditional property rights - even to goods now traded in global markets - have evolved locally?
What institutions are needed to create and supervise new global environmental property markets, ensuring both efficiency and fairness?
How can the transaction cost of adopting and operating such property systems be minimized, so as to maximize the likelihood and gains of their establishment?
How could new environmental property rights mesh with the larger world economy, and with local economies and cultures?
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Douglass North, Washington University
1993 Nobel Laureate in Economics
Carl Rose, Yale University
Terry Anderson, Political Economy Research Center
Scott Barrett, London Business School
David Victor, Council on Foreign Relations
Thomas Merrill, Northwestern University
Robert Kohane, Duke University
Jonathan Wiener, Duke University
Director, Cummings Colloquium on Environmental Law, Harvard Law School Visiting Professor
Friday, April 30, 1999
Washington Duke Inn (WDI), Duke University
8:30 am Registration and Continental Breakfast, WDI
9:15 am Welcome
9:15 am Keynote Address:
Institutional Economics, Property Rights, and the Global Environment
11:15 am Session I: From Local to Global Commons
1:00 pm Lunch
2:45 pm Session II: From Local to Global Property
4:30 pm Spring Break(out)
6:00 pm Reception - Open Bar
7:00 pm Adjourn
Saturday, May 1, 1999
Washington Duke Inn
9:00 am Session III: Constructing International Environmental Agreements
10:45 am Session IV: Making Global Environmental Markets Work
12:30 am Lunch
2:00 pm Adjourn
Sponsored by Duke University:
The Nicholas School for the Environment,
The Duke School of Law
The Office of the Provost
Duke Center for International Studies
Duke Environmental Law Society
Duke Environmental Law & Policy Forum