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Water Pollution Liability

What is 'Water Pollution Liability'

Financial and legal responsibility for causing contamination to oceans, rivers, lakes or streams. Entities that cause water pollution can be held liable for cleanup, regulatory fines, damage to third-party property, third-party loss of revenue, loss of public services, damage to natural resources and more. Entities that might cause water pollution include barges, fishing boats, marine cargo, vessels, yachts, tugboats, ferries and others that operate on or adjacent to bodies of water.

Explaining 'Water Pollution Liability'

The owners and operators of these boats and vessels, as well as cargo owners, shipyards, and marina owners and operators, can be held liable for causing pollution, which can be financially disastrous. To protect themselves, these entities can purchase some type of water pollution liability insurance. For example, a cargo operator might purchase marine cargo insurance to protect itself in the event that the ship's cargo spills into the water and causes contamination.


Further Reading


Economic Policies of Water Pollution Control in the Taihu Lake Basin, China
link.springer.com [PDF]
… air pollutants (such as CO 2 ), because the water pollutants are nonuniformly mixed pollutants … social liabilities is still leading to a limited demand for pollution insurance products … behavior, Jiangsu province has implemented differential price of electricity and water since 2015 …

The economics of water qualityThe economics of water quality
academic.oup.com [PDF]
… air pollutants (such as CO 2 ), because the water pollutants are nonuniformly mixed pollutants … social liabilities is still leading to a limited demand for pollution insurance products … behavior, Jiangsu province has implemented differential price of electricity and water since 2015 …

Investors' assessment of implicit environmental liabilities: An empirical investigationInvestors' assessment of implicit environmental liabilities: An empirical investigation
www.sciencedirect.com [PDF]
… air pollutants (such as CO 2 ), because the water pollutants are nonuniformly mixed pollutants … social liabilities is still leading to a limited demand for pollution insurance products … behavior, Jiangsu province has implemented differential price of electricity and water since 2015 …

ECONOMIC INCENTIVES FOR AGRICULTURAL NONPOINT SOURCE POLLUTION CONTROLECONOMIC INCENTIVES FOR AGRICULTURAL NONPOINT SOURCE POLLUTION CONTROL
onlinelibrary.wiley.com [PDF]
… air pollutants (such as CO 2 ), because the water pollutants are nonuniformly mixed pollutants … social liabilities is still leading to a limited demand for pollution insurance products … behavior, Jiangsu province has implemented differential price of electricity and water since 2015 …

A Comparative Study on International Environmental Pollution Liability Insurance Systems <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-BXYJ200708026.htm' />A Comparative Study on International Environmental Pollution Liability Insurance Systems [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-BXYJ200708026.htm'>PDF]
… air pollutants (such as CO 2 ), because the water pollutants are nonuniformly mixed pollutants … social liabilities is still leading to a limited demand for pollution insurance products … behavior, Jiangsu province has implemented differential price of electricity and water since 2015 …

Securitization product design for China's environmental pollution liability insuranceSecuritization product design for China's environmental pollution liability insurance
link.springer.com [PDF]
… air pollutants (such as CO 2 ), because the water pollutants are nonuniformly mixed pollutants … social liabilities is still leading to a limited demand for pollution insurance products … behavior, Jiangsu province has implemented differential price of electricity and water since 2015 …

Water pollution policyWater pollution policy
books.google.com [PDF]
… air pollutants (such as CO 2 ), because the water pollutants are nonuniformly mixed pollutants … social liabilities is still leading to a limited demand for pollution insurance products … behavior, Jiangsu province has implemented differential price of electricity and water since 2015 …

Pollution liability and insurance: an application of economic theoryPollution liability and insurance: an application of economic theory
www.jstor.org [PDF]
… air pollutants (such as CO 2 ), because the water pollutants are nonuniformly mixed pollutants … social liabilities is still leading to a limited demand for pollution insurance products … behavior, Jiangsu province has implemented differential price of electricity and water since 2015 …

BP Oil Spill-Environmental Pollution Liability and Other Legal Ramifications, TheBP Oil Spill-Environmental Pollution Liability and Other Legal Ramifications, The
heinonline.org [PDF]
… air pollutants (such as CO 2 ), because the water pollutants are nonuniformly mixed pollutants … social liabilities is still leading to a limited demand for pollution insurance products … behavior, Jiangsu province has implemented differential price of electricity and water since 2015 …



Q&A About Water Pollution Liability


How are owners and operators of these boats and vessels protected from incurring the cost of cleanup if they caused the contamination?

Owners and operators can purchase some type of insurance like marine cargo insurance to protect themselves in the event their ship's cargo spills into the waters causing contamination.

Who can be held liable for water pollution?

Entities that cause water pollution can be held liable for cleanup, regulatory fines, damage to third-party property, third-party loss of revenue, loss of public services, damage to natural resources and more.

Who might cause water pollution?

Entities that might cause water pollution include barges, fishing boats, marine cargo vessels yachts tugboats ferries and others that operate on or adjacent to bodies of water.

What is water pollution liability?

Water pollution liability is financial and legal responsibility for causing contamination to oceans, rivers, lakes or streams.