Olorundami, Fayokemi and Olorundami, Tokunbo ORCID: https://orcid.org/0000-0003-0213-4574 Conserving the Marine Environment of the European Union: A Critical Appraisal of the European Parliament's Resolution 2015/2352 ss it concerns the establishment of a new legislative compensation mechanism for offshore accidents. In: Transforming the Ocean Law by Requirement of the Marine Environment Conservation. University of Nantes, pp. 435-447

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Abstract

On the 1st of December, 2016, the European Parliament passed Resolution 2015/2352 calling on the European Commission to consider establishing a legislative compensation mechanism for offshore accidents. The European Parliament proposed that this should cover compensation to fishermen, the coastal tourism industry and other sectors of the blue economy for traditional damage and pure economic losses. This paper critically assesses the resolution and its potential for securing protection of the EU marine environment. It also considers whether it is necessary or desirable to have a Europe-wide compensation mechanism for offshore accidents. In addressing these issues, this paper will examine the EU proposal against recognised principles of environmental law and policy. It will also analyse the Norwegian Law in this regard as the European Parliament noted this as a model of best practice for the prospective legislative compensation scheme. This paper will also consider what challenges might arise from establishing a compensation scheme as proposed in the resolution. The argument made in this paper is that compensation for losses arising from offshore oil and gas operations is a necessary part of any regime looking to ensure sustainable offshore resource extraction, making the EU Parliament's proposal desirable.

Item Type:	Book Section
Status:	Published
School/Department:	School of Humanities
URI:	https://ray.yorksj.ac.uk/id/eprint/11409

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