Common Law Concepts Essay -- Urban Development

CONCEPT 1 COMPENSATION AS A WAY TO REDUCE NUISANCE(Hogan & Edwards, 2003) states the approximation of compensation in Common Law is to protect the environment as it amplifies the need for organisations and individuals within a society to prevent nuisance. Furthermore, compensation concept has elevated conflict between environmental concerns and restricts the property holders rights to fully utilize their resources. Nevertheless, the idea of compensation can also be seen as an honorable guideline for the society, of which if any laws were to be broken, for example harming the environment, appropriate punishments will be conducted. Therefore, the act of compensation may lead to a greater cause in the long run for society to reduce nuisance. To further the statement, an example of compensation having positive justification is when a British oil company British rock oil (BP) created a large oil spill off the Gulf of Mexico. According to (BBC, 2012) BP faces charges by the United Stat es Government and has to compensate over USD7.5 billion to the victims. Furthermore, BP was responsible to get word the cleaning of their spillage. Prior to the event, BP reconstructed their health and safety policy by ensuring zero tolerance to callous mistakes for future shipments. This example indicates the establishment of compensation and the involvements in monetary value is of significance and therefore, discourages organisations and individuals from harming the environment in the long run. This is supported by (Reardon, 2012) lawsuits have helped push industry to make changes in how they do air. In other words, compensation acts as an effective way to regulate and teach property holders to refrain from damaging the environment. This is justified, a... ...you-cant-sue-your-wireless-carrier-in-a-class-action/State purlieu of Tasmania. (2006, December 14). State Environment of Tasmania. Retrieved from Planning Scheme Provision http//soer.justice.tas.gov.au/2003/her/6/issue/ 105/index.phpThe State of Queensland Department of Environment and Resource Management. (2012). Queensland Government. Retrieved from Land Management http//www.derm.qld.gov.au/land/state/rural_leasehold/duty_of_care.htmlTutor2u Limited. (2012). Retrieved from tutor2u http//tutor2u.net/business/strategy/corporate-social-responsibility-introduction.htmlVelasquez, M., Andre, C., Shanks, T., S, J., & Meyer, M. J. (1992). The Common Good. Retrieved from Santa Clara University http//www.scu.edu/ethics/practicing/decision/commongood.htmlWorld Commision on Environment and Development. (1987). Our Common Future . Oxford University Press.