Oil pollution caused by tanker accidents: liability versus regulation
Journal Article
·
· Nat. Resour. J.; (United States)
OSTI ID:6862940
Difficulties under traditional tort law of narrowing the gap between pollution damages and compensation payments (such as identifying the polluter, proving damages, and causal relationship) do not arise in tanker accident cases. Changes in liability law have improved the legal position of the victims, but remain insufficient as an incentive for accident prevention. Optimal pollution control on the basis of liability alone is not possible because of data asymmetries in the insurance industry. And the assumption implicit in taxes and licenses, as well as in the liability law approach, that the polluter is best qualified to make the best choices to minimize accident pollution control costs is disproved by Coast Guard studies. The author concludes that liability can play only a supplementary role in pollution control. This role can be enhanced if future compensation discussions pay more attention to the incentive effects of the financing of compensation. 35 references, 5 tables.
- Research Organization:
- International Inst. for Environment and Society, Berlin, West Germany
- OSTI ID:
- 6862940
- Journal Information:
- Nat. Resour. J.; (United States), Journal Name: Nat. Resour. J.; (United States) Vol. 24:1; ISSN NRJOA
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
02 PETROLEUM
020900* -- Petroleum-- Environmental Aspects
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290300 -- Energy Planning & Policy-- Environment
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54 ENVIRONMENTAL SCIENCES
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FINANCIAL INCENTIVES
LEGAL ASPECTS
LIABILITIES
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020900* -- Petroleum-- Environmental Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290300 -- Energy Planning & Policy-- Environment
Health
& Safety
294002 -- Energy Planning & Policy-- Petroleum
520600 -- Environment
Aquatic-- Regulations -- (-1989)
54 ENVIRONMENTAL SCIENCES
ACCIDENTS
CONTROL
FINANCIAL INCENTIVES
LEGAL ASPECTS
LIABILITIES
OIL SPILLS
POLLUTION CONTROL
SHIPS
TANKER SHIPS
VICTIMS COMPENSATION
WATER POLLUTION CONTROL