Companies that engage in environmentally-risky practices should be fined so heavily that they shouldn't attempt environmentally risky things unless they know they can do it properly. This creates a great advantage for well-run companies because it's basically a moat. Other companies that try it will fail dramatically because they'll get fined into oblivion.

This, to me, includes chemical factories. Whenever they have a gas leak, or an chemical spill, the fines should be utterly draconian. Personally I think a CEO of a chemical company should live no more than 1 mile away from one of her factories, but that's the environmental fascist in me.

Ineffective government officials should be fired with prejudice.