As businesses expand, and industries grow, increased legal knowledge is needed to ensure that companies are abiding by regulations and laws. One such term that may be unfamiliar to those who operate a business is the concept of “tidelands.” Tidelands are a unique type of property, the management of which can have a major impact on the planning and operations of a business. This article will explore what tidelands are, examine their importance, and look at some specific examples of businesses who have encountered tidelands.
What Are Tidelands?
Tidelands are defined as “bodies of water and submerged land in the vicinity of a shoreline, between the mean high water mark and the mean low water mark.” This means that any body of land or marine area that is between the high and low tides is part of the tidelands. Tidelands may include wetlands, reservoirs, or streams, among other bodies of water.
Why Are Tidelands Important?
Tidelands are important as they are a source of resources and recreation. For example, shellfish harvesting is an activity that requires the use of tidelands, and tidelands play a vital role in the tourism industry, as they are often a source of recreational activities such as boating, fishing, shell collecting, etc. In addition, tidelands are also important from a legal perspective as their management is often subject to government control. This means that businesses looking to develop tidelands or use the resources found there must abide by certain regulations, such as acquiring a permit from the pertinent state or local authority.
Real-World Examples of Tidelands
One of the more famous examples of tidelands in the United States is in California. In 2008, the state of California reached a settlement with oil company, Plains Exploration & Production Co., over its use of tidelands. In the settlement, Plains Exploration & Production Co. was required to pay penalties to the state of California for noncompliance with state tidelands law. Another example is oil giant Chevron, which in 2018 was found liable for negligence in the cleanup of an oil spill in offshore tidelands near Huntington Beach, California.
Conclusion
Tidelands play an important role in our natural and economic environment. From an economic standpoint, businesses must be aware of tidelands, and the regulations associated with them, in order to maintain compliance. From an environmental standpoint, tidelands are invaluable resources that must be protected in order to ensure their continued existence. Ultimately, a greater understanding of tidelands is a key step in sustaining our environment and economy.