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Risk Allocation and Distributive Justice in the Energy Industry: Law, Policy and Practice
Hardcover
ISBN13: 9781399517706
Publisher: Edinburgh University Press
Published: Sep 30 2024
Pages: 288
Weight: 1.28
Height: 0.69 Width: 6.14 Depth: 9.21
Language: English
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.
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