Sustainable Socio-economic Development of Petroleum Resources: is It Possible?

Hunter, Tina (2011) Sustainable Socio-economic Development of Petroleum Resources: is It Possible?. Journal of Energy and Natural Resources Law, 29 2: 209-246.

Author Hunter, Tina
Title Sustainable Socio-economic Development of Petroleum Resources: is It Possible?
Journal name Journal of Energy and Natural Resources Law   Check publisher's open access policy
ISSN 0264-6811
Publication date 2011
Year available 2011
Sub-type Article (original research)
Volume 29
Issue 2
Start page 209
End page 246
Total pages 38
Place of publication London, United Kingdom
Publisher International Bar Association
Collection year 2012
Language eng
Subject C1
180111 Environmental and Natural Resources Law
Formatted abstract
This article analyses the capacity of the current Australian petroleum regulatory framework to encourage sustainable socio-economic extraction of Australia’s offshore petroleum resources. First it considers what sustainable development means within the context of non-renewable petroleum resources. After an examination of the petroleum resources and policies of Australia and Norway, this article focuses on the legislative framework that regulates offshore petroleum exploration and extraction. The analysis identifies a number of limitations of the current legislative framework to encourage sustainable petroleum extraction. In an attempt to provide solutions to these legislative limitations the article also analyses the Norwegian offshore petroleum policy and legislative framework, which together have encouraged the sustainable socio-economic extraction of its petroleum resources. By examining the Norwegian legislative framework, it is possible to generate a number of options for sustainable socio-economic develpment of Australian resources. The article makes several recommendations for Australia to encourage the sustainable development of its offshore petroleum resources.
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Non-UQ

Document type: Journal Article
Sub-type: Article (original research)
Collection: TC Beirne School of Law Publications
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Created: Tue, 16 Jul 2013, 13:07:55 EST by Carmen Buttery on behalf of T.C. Beirne School of Law