The effects in italics are ways in which the beaver can be problematic to humans, not the environment.
Sources: "Beaver." Dec.NY.Gov. ; "Beaver Castor Canadensis." National Geographic. ; Rosell, Brozsér, Collen, Parker. "Ecological Impact of Beavers Castor Fiber and Castor Canadensis and Their Ability to Modify Ecosystems." ; Haemig, "Ecology of the Beaver.";Robbins, "Reversing Course on Beavers."
Images:
1. http://stevegreerphotograph.photoshelter.com/image/I0000PMtRJkITYJs
2. Wikimedia Commons