@article{Boyd:10673,
      recid = {10673},
      author = {Boyd, James},
      title = {Financial Assurance Rules and Natural Resource Damage  Liability: A Working Marriage?},
      address = {2001},
      number = {1318-2016-103158},
      series = {Discussion Paper 01-11},
      pages = {47},
      year = {2001},
      abstract = {The study explores challenges associated with, and the  feasibility of, financial assurance requirements for  liabilities arising under U.S. environmental statutes, with  a particular emphasis on liabilities associated with  natural resource damages (NRDs). The overlap between  federal NRD liability and financial assurance arises in the  context of two financial assurance rules: one for  waterborne vessels that carry oil or hazardous substances,  and one for offshore facilities used for oil exploration,  drilling, production, or transport. The report addresses  the rules' history, their role as a complement to other  forms of environmental regulation, and their impact on the  regulated community and providers of coverage. Despite  numerous difficulties and over objections from the  regulated community, the rules have been implemented with  success and without significant shortfalls in coverage  availability.},
      url = {http://ageconsearch.umn.edu/record/10673},
      doi = {https://doi.org/10.22004/ag.econ.10673},
}