Document Type
Perspective
Publication Title
Emory Corp. Governance & Accountability Rev. Perspectives
Publication Date
1-1-2015
Abstract
Using Environmental Protection Agency reports and various business sources, Blake Meadows, examines the impact of the latest EPA definition of Waters of the United States on real estate and land values. Specifically, the impacts of this proposed definition on business decisions relating to land are evaluated in depth. This study also discusses some of the legal arguments playing out in the multi-state litigation revolving around the definition. Ultimately, the paper concludes that by encompassing such a large amount of land to Clean Water Act permitting requirements, the new definition would have a significant potential impact on business. In terms of the litigation, it is likely that the rule will be struck down on procedural grounds but in terms of the merits, it appears to come down to an issue of federalism. Ultimately the courts and the nation will have to decide how much power should be ceded to the EPA.
First Page
2005
Volume
3
Recommended Citation
Blake Meadows,
Defining Waters of the United States: Economic Burden Attaching to Real Property,
3
Emory Corp. Governance & Accountability Rev. Perspectives
2005
(2015).
Available at:
https://scholarlycommons.law.emory.edu/ecgar-perspectives/35