Risk Allocation and Distributive Justice in Energy Law by Smith I Azubuike 2024 Hardcover-image

Risk Allocation and Distributive Justice in Energy Law by Smith I Azubuike 2024 Hardcover

$ 56.07

gtin13: 9781399517706 Illustrated: Yes Language: English Table Of Content: Dedication Acknowledgement Preface Foreword List of Abbreviations Table of Cases Table of Instruments List of Tables Chapter 1. Risk Allocation in the Offshore Energy Industry: An OverviewChapter 2. The Context of Offshore Petroleum Drilling Operations and Risk AllocationChapter 3. Conceptual Considerations in Risk Allocation in the Offshore Energy IndustryChapter 4. Causation and Gross Negligence in Risk Allocation Chapter 5. Guiding principles for effective risk allocation in gross negligence casesChapter 6. Practical and Institutional Frameworks and Insurance Coverage for Implementing Risk Allocating in Gross Negligence CasesChapter 7. A Summary for StakeholdersIndexBibliography Synopsis: This book examines the practice of risk allocation in the offshore energy industry through the public policy lens and offers a novel perspective on the concept of gross negligence in risk allocation. This perspective is founded on the proportionality element of distributive justice in burden distribution. The assessment of how mutual indemnity clauses apply as an absolute shield against liability arising from gross negligence reveals that moral hazard can result from the practice. In the analysis, this book considers the risk allocation practice in PSC and Concession regimes and how parties' liability is determined in drilling contracts. This book considers gross negligence a sui generis risk and provides a definitional pathway for determining when gross negligence occurs and how it should apply to offshore drilling contracts. Thus, it advances an environmental sustainability approach to offshore petroleum drilling operations. This book will be useful to operators and contractors, resource-rich countries, insurance companies, practitioners, scholars, and academics interested in risk allocation in the petroleum industry., Brings the concept of gross negligence to the fore and highlights how distributive justice forms a better foundation for risk allocation in the offshore energy industry Type: Textbook ISBN-10: 1399517708 Format: Hardcover ISBN-13: 9781399517706 Item Length: 9.2 in Author: Smith I. Azubuike Dewey Edition: 23 Subject: Environmental, Economics / General, Comparative, Contracts Number of Pages: 288 Pages Publisher: Edinburgh Tea & Coffee Company University Press LC Classification Number: HD9502.A2A9 2024 Dewey Decimal: 333.79 brand: Edinburgh Tea & Coffee Company University Press Subject Area: Law, Business & Economics Intended Audience: Scholarly & Professional Item Width: 6.1 in Publication Year: 2024 Publication Name: Risk Allocation and Distributive Justice in the Energy Industry : Law, Policy and Practice

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Further Details Title: Risk Allocation and Distributive Justice in the Energy Industry Condition: New Subtitle: Law, Policy and Practice EAN: 9781399517706 ISBN: 9781399517706 Publisher: Edinburgh University Press Format: Hardback Release Date: 09/30/2024 Language: English Country/Region of Manufacture: GB Item Height: 234mm Item Length: 156mm Author: Smith I Azubuike Genre: Law & Politics Description: This book examines the practice of risk allocation in the offshore energy industry through the public policy lens and offers a novel perspective on the concept of gross negligence in risk allocation. This perspective is founded on the proportionality element of distributive justice in burden distribution. The assessment of how mutual indemnity clauses apply as an absolute shield against liability arising from gross negligence reveals that moral hazard can result from the practice.In the analysis, this book considers the risk allocation practice in PSC and Concession regimes and how parties' liability is determined in drilling contracts. This book considers gross negligence a sui generis risk and provides a definitional pathway for determining when gross negligence occurs and how it should apply to offshore drilling contracts. Thus, it advances an environmental sustainability approach to offshore petroleum drilling operations. This book will be useful to operators and contractors, resource-rich countries, insurance companies, practitioners, scholars, and academics interested in risk allocation in the petroleum industry. Release Year: 2024 Missing Information? Please contact us if any details are missing and where possible we will add the information to our listing.

  1. This book dives deep into the complexities of risk distribution in the energy sector, offering a sharp analysis of legal and policy frameworks. Azubuike presents a well-researched perspective on balancing fairness and efficiency, making it essential for professionals and academics alike. Clear, insightful, and timely—highly recommended for anyone interested in energy law and justice.

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