TAILIEUCHUNG - Exploring the compensation plans under international laws from offshore oil facilities and relationship between oil production, trade and carbon emission: An evidence from global economy

The world dependency on oil is not diminishing. This article aims to sift through the liability rules applicable to oil spill accidents from offshore drilling. The discussion will explore the scope of compensation heads in offshore oil accidents ., employee deaths, community losses, related economic losses, natural resources damage. To find answers procedural issues such as class-tort claims need broad attention. The civil and criminal charges/ penalty against the responsible parties in oil industry, and possible defense strategies, are also discussed theoretically. Additionally, this article offers some recommendations to re-invent international legal system for better protection of the environment by the offshore oil companies through better preparedness rules, stronger insurance system and efficient liability laws. Besides, this study has also explored the empirical relationship between crude oil production, trade and carbon emission in six different regions. Findings of the study providing the empirical evidence that in different region, production and trade of oil are primarily responsible for the increasing carbon emission in natural atmosphere. | Nội dung Text Exploring the compensation plans under international laws from offshore oil facilities and relationship between oil production trade and carbon emission An evidence from global economy

• Kinh tế học
• Marine environment
• Offshore oil company
• Polluter pays principle
• Carbon emission
• Oil production
• Oil trade
• Marine environmental studies
• Lecture Marine environmental studies
• Môi trường biển
• Nghiên cứu môi trường biển
• Marine pollutants
• Land based marine pollution
• Marine pollution
• Ocean chemitry
• Ballast water
• Ocean dumping
• History of MARPOL
• International oil pollution compensation
• Integrated coastal zone management
• Environmental impact assessment
• The law of the sea
• environmental emissions
• environmental technology
• environmental resources
• protection
• protection of the marine environment
• BMC Genomics
• Pontimonas salivibrio
• Coastal marine environment
• Mycobacterium tuberculosis
• Environmental advances
• The release process of microfibers
• Surgical face masks
• The marine environment
• Plastic soup
• Marine litter
• Marine litter based
• Tide along Juhu beach
• Assessment of marine litter based
• Mrine environment
• Marine microorganism
• Alkaloids from marine derived
• Actinomycete Streptomyces sp C011
• General experimental procedures