Liability and Compensation Issues Raised by the 2010 Gulf Oil Spill - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Liability and Compensation Issues Raised by the 2010 Gulf Oil Spill write by Jonathan L. Ramseur. This book was released on 2011-06. Liability and Compensation Issues Raised by the 2010 Gulf Oil Spill available in PDF, EPUB and Kindle. The 2010 Deepwater Horizon (DH) incident produced the largest oil spill that has occurred in U.S. waters, releasing more than 200 million gallons into the Gulf of Mexico. BP has estimated the combined oil spill costs will be approx. $41 billion. The DH oil spill raised many issues for policymakers, incl. the ability of the existing oil spill liability and compensation framework to respond to a catastrophic spill. Contents of this report: (1) Intro.; (2) Existing Liability and Compensation Framework: Responsible Party; Liability Limits; Financial Responsibility; The Oil Spill Liability Trust Fund; Compensation or Claims Process; (3) Issues for Policymakers: Liability Limits; Per-Incident Cap; Level of Funding; Claims Process. This is a print on demand report.
Crs Report for Congress
Crs Report for Congress - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Crs Report for Congress write by Congressional Research Service: The Libr. This book was released on 2013-11. Crs Report for Congress available in PDF, EPUB and Kindle. The 2010 Deepwater Horizon incident produced the largest oil spill that has occurred in U.S. waters, releasing more than 200 million gallons into the Gulf of Mexico. BP has estimated the combined oil spill costs--cleanup activities, natural resource and economic damages, potential Clean Water Act (CWA) penalties, and other obligations--will be approximately $41 billion. The Deepwater Horizon oil spill raised many issues for policymakers, including the ability of the existing oil spill liability and compensation framework to respond to a catastrophic spill. This framework determines (1) who is responsible for paying for oil spill cleanup costs and the economic and natural resource damages from an oil spill; (2) how these costs and damages are defined (i.e., what is covered?); and (3) the degree to which, and conditions in which, the costs and damages are limited and/or shared by other parties, including general taxpayers. The existing framework includes a combination of elements that distribute the costs of an oil spill between the responsible party (or parties) and the Oil Spill Liability Trust Fund (OSLTF), which is largely financed through a per-barrel tax on domestic and imported oil. Responsible parties are liable up to their liability caps (if applicable); the trust fund ...
Oil Spill Legislation in the 111th Congress
Oil Spill Legislation in the 111th Congress - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Oil Spill Legislation in the 111th Congress write by Jonathan L. Ramseur. This book was released on 2011-04. Oil Spill Legislation in the 111th Congress available in PDF, EPUB and Kindle. This report summarizes provisions of selected legislation -- enacted and proposed -- that address oil spill policy issues raised after the April 20, 2010, explosion and resulting oil spill at the Deepwater Horizon drilling platform in the Gulf of Mexico. The 2010 Gulf oil spill has generated considerable interest in oil spill issues. The House of Rep. has conducted at least 33 hearings in 10 committees. The Senate has conducted at least 30 hearings in eight committees. Members have introduced over 150 legislative proposals that have included one or more provisions that would affect oil spill policy. This report focuses primarily on oil spill policy matters that concern prevention, preparedness, response, and the liability and compensation framework. Charts and tables.
Deepwater Horizon Oil Spill Disaster
Deepwater Horizon Oil Spill Disaster - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Deepwater Horizon Oil Spill Disaster write by Rawle O. King. This book was released on 2010-11. Deepwater Horizon Oil Spill Disaster available in PDF, EPUB and Kindle. The April 2010 Deepwater Horizon oil spill disaster in the Gulf of Mexico was the largest spill to have occurred in U.S. waters. The scale of clean-up costs and third-party damages has prompted congressional review of clean-up and damage compensation mechanisms, as well as of ways to facilitate future oil spill prevention, response, and recovery. A key element is the role of insurance in ensuring that costs of spills can be financed. Contents of this report: (1) Intro.; (2) The Deepwater Horizon Oil Spill Incident; (3) The Offshore Energy Exploration and Production Business: Risk Management and the Demand for Insurance; (4) Offshore Energy Insurance Market; (5) Compensating Oil Pollution Victims; (6) Policy Issues. Illus.
Liability and Financial Responsibility for Oil Spills Under the Oil Pollution Act of 1990 and Related Statutes
Liability and Financial Responsibility for Oil Spills Under the Oil Pollution Act of 1990 and Related Statutes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Liability and Financial Responsibility for Oil Spills Under the Oil Pollution Act of 1990 and Related Statutes write by United States. Congress. House. Committee on Transportation and Infrastructure. This book was released on 2010. Liability and Financial Responsibility for Oil Spills Under the Oil Pollution Act of 1990 and Related Statutes available in PDF, EPUB and Kindle.
