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Deterring and Compensating Oil Spill Catastrophes : The Need for Strict and Two-Tier Liability

Viscusi, W. Kip; Zeckhauser, Richard - 2012

The BP Deepwater Horizon oil spill highlighted the glaring weakness in the current liability and regulatory regime for … oil spills and for environmental catastrophes more broadly. This article proposes a new liability structure for deep sea … oil drilling and for catastrophic risks generally. It delineates a two-tier system of liability. The first tier would …

Persistent link: https://www.econbiz.de/10014181132

Deterring and compensating oil spill catastrophes : the need for strict and two-tier liability

Viscusi, W. Kip; Zeckhauser, Richard - 2011

Persistent link: https://www.econbiz.de/10009230735

The Valdez Oil Spill, Environmental Impact and Corporate Liability

Satish, Harshitha - 2021

Despite the 21st century being more educated, richer, healthier, peaceful and better connected than the previous centuries, a negligent happening of the past - Exxon Valdez oil-spill of 1989 still looms, hovers and monitors our actions today. Though it is not the largest oil spill recorded, the...

Persistent link: https://www.econbiz.de/10013217571

A quantitative liability risk assessment of oil spills in oil ports : the case of the Guangdong-Hong Kong-Macao Greater Bay Area

Zhong, Huiling; Lin, Yishu; Yip, Tsz Leung - In: Maritime policy & management 49 (2022) 7, pp. 971-989

Persistent link: https://www.econbiz.de/10013531996

An estimate of the producer cost of liability for oil spills

Maniloff, Peter - In: Applied economics letters 25 (2018) 5, pp. 348-353

Persistent link: https://www.econbiz.de/10011854519

Compensation for Natural Resource Damages from Oil Spills : A Comparison of USA Law and International Conventions

Jones, Carol Adaire - 2013

the 1996 regulations implementing the natural resource liability provisions of the USA Oil Pollution Act [OPA], natural …The basic measure of natural resource damages in USA environmental liability statutes is the cost of restoring the … contrast, until 1996, the international Convention Protocols addressing liability for accidental oil spills did not hold the …

Persistent link: https://www.econbiz.de/10014192648

The Environmental Rights Provisions of U.S. State Constitutions : A Comparative Analysis

Dernbach, John C. - 2023

Nearly every U.S. state has environmental provisions in its constitution. These provisions cover a wide range of issues concerning the manner in which the environment and natural resources are to be governed (e.g., public funding, eminent domain, public trust, access to water, legislative...

Persistent link: https://www.econbiz.de/10014358546

A comparison between shale gas in China and unconventional fuel development in the United States : health, water and environmental risks

Farah, Paolo D.; Tremolada, Riccardo - 2013

of water pollution deriving from mismanaged drilling and fracturing, absence of adequate regulation framework and …

Persistent link: https://www.econbiz.de/10010203405

Land Use Greenhouse Gas Emissions from Conventional Production and Oil Sands

Yeh, Sonia - 2015

Debates surrounding the greenhouse gas (GHG) emissions from land use of biofuels production have created a need to quantify the relative land use GHG intensity of fossil fuels. When contrasting land use GHG intensity of fossil fuel and biofuel production, it is the energy yield that greatly...

Persistent link: https://www.econbiz.de/10013038810

Perceptions of Environmental Footprints of Oil and Gas Extraction in Southern Nigeria

Gaikar, Vilas; GeorgeUkpong, Inibehe - 2021

Southern Nigeria is the base of Nigeria’s crude oil and gas. The activities of oil and gas (O&G) extraction orchestrated by mainly multinational companies have left most rural communities in the region vulnerable to environmental imbalances. These environmental impacts have resulted in...

Persistent link: https://www.econbiz.de/10013214832