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www.electricitypolicy.org.uk EPRGWORKINGPAPER

Summary: www.electricitypolicy.org.uk
Energy Supply, Risk and Justice: Regulatory
Strategies for an Era of Limited Trust
EPRG Working Paper 0807
John Stewart Ash
Regulatory organisations responsible for implementing safety in the civil
energy sector must address a triad of factors. Namely, the risk tolerance
of the community, the methodology used to measure and enforce risk
levels, and the resources available to the regulatory agency. Attempts to
balance these factors have often focussed on attempting to align public
perceptions of risk with those of government personnel, technical
specialists and industry. This "information deficit" approach has been
largely unsuccessful because the shortfall, particularly in respect to
dread risk, has not been one of knowledge, but of trust. Trust may be
viewed as an expectation of just or fair treatment by others. To retain
legitimacy, any government must act with justice. Justice has two
related elements distributive and retributive. This paper explores novel
approaches to the achievement of both aspects of justice in order better


Source: Aickelin, Uwe - School of Computer Science, University of Nottingham


Collections: Computer Technologies and Information Sciences