Colleague Patrick Griffiths of the City of Bend alerted me to this information, which is from the American Bar Association's Section on Environment, Energy, and Resources (EER).
The ABA Section of Environment, Energy, and Resources recognizes the following paper submissions as the "Best Papers" prepared for the 37th Annual Conference on Environmental Law (Keystone), 26th Annual Water Law Conference, 15th Section Fall Meeting, and the 36th Annual Conference on Environmental Law. Each author was presented with a certificate of recognition and a Section publication as a token of appreciation for their outstanding submissions.
You can download each of these free here.
Here are the Environmental Law winners:
Thomas A. Bloomfield | Gallagher & Gallagher, a Professional Corporation
The Topsy Turvey World of CERCLA Uncertain Law – Uncertain Science
Sharon M. Mattox | Vinson & Elkins, L.L.P.
The 404(b)(1) Guidelines: Overview and New Developments
Rex R. Raimond | The Meridian Institute
Ethical Considerations Regarding the International Development and Application of Nanotechnology and Nanoscale Materials
Douglas R. Williams | Saint Louis University School of Law
Complexity, Competence, and Confidentiality: Ethical Issues at the Cutting Edge of Environmental Law
Water Law winners:
Charlton H. Bonham | Trout Unlimited
A Recipe from the Field for Dam Removal Agreements
Sandra Zellmer | University of Nebraska College of Law
Anti-Speculation: Ghost-busting, Trust-busting, or Ensuring Beneficial Use?
I have read only Zellmer's paper, which both Patrick and I strongly recommend. Her paper graces the 15 April 2008 issue of The Water Report. A brief synopsis follows, and you can download the paper here:
Download BestZellmer_WaterLaw08.pdf
Zellmer is an excellent and entertaining writer, and the paper's title befits the topic. Any paper that starts and ends with Dr. Peter Venkman and Ghostbusters (yes, that Ghostbusters) gets my vote. She delves into the realm of Western water law and the prohibition it places on speculation, i.e., the purchasing of water rights and holding them as they increase in value, just like one does with stocks and art. This proscription against privatization or commodification of water has served as a barrier to speculation. She posits whether this prohibition still serves the public interest, or is merely a relic, but notes that many feel water speculation is "just plain wrong."
Zellmer then takes us on a journey to visit with "Water Baron" (synonymous with "Robber Baron"?) T. Boone Pickens and the Ogallala aquifer (High Plains aquifer, actually), the Great Lakes, Michigan (bottled water - see this publication from the Great Lakes Law blog), California, and British Columbia. Pickens is referred to as the "most brazen" of the Water Barons.
She correctly states that not all privatization schemes are alike, and even relates that Enron was keenly interested in water privatization, but realized that water was quite a different commodity from oil or natural gas, and not as easily "corralled". Its foray into the water field cost the firm $300M.
Cut to the chase: Zellmer concludes that some believe that anti-speculation provisions in Western water law may:
- have the "perverse effect" of promoting speculation, in the sense of allowing a speculator to "disguise" his/her true intentions by purchasing water rights, then using them to irrigate a crop with little or no value, simply to hold onto the water rights for future sale; and
- prevent rational planning for future growth (although the prevalence of municipal exceptions undermines this belief, since municipal use is often treated as a "super-beneficial" use).
She notes that nearly 50% of all Western water transfers occur in Colorado, the state believed to have the strongest anti-speculation laws.
A very thought-provoking paper indeed.
"Why worry? Each one of us is carrying an unlicensed nuclear accelerator on his back. " -- Dr. Peter Venkman, Ghostbusters
Recent Comments