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Oil Spill Costs and Impacts

Oil Spill Costs and Impacts PDF Author: Robert H. Urwellen
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 62

Book Description
When oil spills occur in U.S. waters, federal law places primary liability on the vessel owner or operator -- that is, the responsible party -- up to a statutory limit. As a supplement to this "polluter pays" approach, a federal Oil Spill Liability Trust Fund administered by the Coast Guard pays for costs when a responsible party does not or cannot pay. This book is based on a GAO report on oil spill costs and select program updates on the recent San Francisco spill. Specifically, it answers three questions: (1) How many major spills (i.e., at least $1 million) have occurred since 1990, and what is their total cost? (2) What factors affect the cost of spills? and (3) What are the implications of major oil spills for the Oil Spill Liability Trust Fund?

Oil Spill Costs and Impacts

Oil Spill Costs and Impacts PDF Author: Robert H. Urwellen
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 62

Book Description
When oil spills occur in U.S. waters, federal law places primary liability on the vessel owner or operator -- that is, the responsible party -- up to a statutory limit. As a supplement to this "polluter pays" approach, a federal Oil Spill Liability Trust Fund administered by the Coast Guard pays for costs when a responsible party does not or cannot pay. This book is based on a GAO report on oil spill costs and select program updates on the recent San Francisco spill. Specifically, it answers three questions: (1) How many major spills (i.e., at least $1 million) have occurred since 1990, and what is their total cost? (2) What factors affect the cost of spills? and (3) What are the implications of major oil spills for the Oil Spill Liability Trust Fund?

Oil Spills: Cost of Major Spills May Impact Viability of Oil Spill Liability Trust Fund

Oil Spills: Cost of Major Spills May Impact Viability of Oil Spill Liability Trust Fund PDF Author: Susan A. Fleming
Publisher: DIANE Publishing
ISBN: 1437935117
Category : Technology & Engineering
Languages : en
Pages : 27

Book Description
On April 20, 2010, an explosion at the mobile offshore drilling unit Deepwater Horizon resulted in a massive oil spill in the Gulf of Mexico. The spill's total cost is unknown, but may result in considerable costs to the private sector, as well as federal, state, and local governments. The Oil Pollution Act of 1990 (OPA) set up a system that places the liability -- up to specified limits -- on the responsible party. The Oil Spill Liability Trust Fund (Fund), administered by the Coast Guard, pays for costs not paid for by the responsible party. This testimony focuses on: (1) how oil spills are paid for; (2) the factors that affect major oil spill costs; and (3) implications of major oil spill costs for the Fund. Charts and tables.

Understanding Oil Spills and Oil Spill Response

Understanding Oil Spills and Oil Spill Response PDF Author:
Publisher:
ISBN:
Category : Oil pollution of water
Languages : en
Pages : 60

Book Description


An Ecosystem Services Approach to Assessing the Impacts of the Deepwater Horizon Oil Spill in the Gulf of Mexico

An Ecosystem Services Approach to Assessing the Impacts of the Deepwater Horizon Oil Spill in the Gulf of Mexico PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309288487
Category : Nature
Languages : en
Pages : 247

Book Description
As the Gulf of Mexico recovers from the Deepwater Horizon oil spill, natural resource managers face the challenge of understanding the impacts of the spill and setting priorities for restoration work. The full value of losses resulting from the spill cannot be captured, however, without consideration of changes in ecosystem services-the benefits delivered to society through natural processes. An Ecosystem Services Approach to Assessing the Impacts of the Deepwater Horizon Oil Spill in the Gulf of Mexico discusses the benefits and challenges associated with using an ecosystem services approach to damage assessment, describing potential impacts of response technologies, exploring the role of resilience, and offering suggestions for areas of future research. This report illustrates how this approach might be applied to coastal wetlands, fisheries, marine mammals, and the deep sea-each of which provide key ecosystem services in the Gulf-and identifies substantial differences among these case studies. The report also discusses the suite of technologies used in the spill response, including burning, skimming, and chemical dispersants, and their possible long-term impacts on ecosystem services.

Oil Transportation by Tankers

Oil Transportation by Tankers PDF Author: United States. Congress. Office of Technology Assessment
Publisher:
ISBN:
Category : Marine pollution
Languages : en
Pages : 334

Book Description
Examines the safety problems of oil tankers which could threaten the ecology and quality of the oceans and coastal areas.

Oil Spills

Oil Spills PDF Author: U.s. Government Accountability Office
Publisher:
ISBN: 9781974559589
Category :
Languages : en
Pages : 28

Book Description
"On April 20, 2010, an explosion at the mobile offshore drilling unit Deepwater Horizon resulted in a massive oil spill in the Gulf of Mexico. The spill's total cost is unknown, but may result in considerable costs to the private sector, as well as federal, state, and local governments. The Oil Pollution Act of 1990 (OPA) set up a system that places the liability-up to specified limits-on the responsible party. The Oil Spill Liability Trust Fund (Fund), administered by the Coast Guard, pays for costs not paid for by the responsible party.GAO previously reported on the Fund and factors driving the cost of oil spills and is beginning work on the April 2010 spill. This testimony focuses on (1) how oil spills are paid for, (2) the factors that affect major oil spill costs, and (3) implications of major oil spill costs for the Fund. It is largely based on GAO's 2007 report, for which GAO analyzed oil spill cost data and reviewed documentation on the Fund's balance and vessels' limits of liability. To update the report, GAO obtained information from and interviewed Coast Guard officials. "

Oil Spills in U. S. Coastal Waters

Oil Spills in U. S. Coastal Waters PDF Author: Jonathan L. Ramseur
Publisher: DIANE Publishing
ISBN: 1437934064
Category : Technology & Engineering
Languages : en
Pages : 38

Book Description
Contents: (1) Background: Oil Spills (OS) in U.S. Coastal Waters; Impacts of OS in Aquatic Environ.: Acute Impacts; Chronic Impacts; Ecosystem Recovery; Econ. Costs of OS: Cleanup Costs; Natural Resources Damages; Other Econ. Costs; (2) OS Governance: Federal Authorities: Exxon Valdez OS: 1990 Oil Pollution Act; Other Fed. Laws; Internat. Conventions: MARPOL 73/78; Intervention Convention; Fed. Agencies Responsibilities: Response; Prevention and Preparedness; Fed. Funding for the OS Liab. Trust Fund: Background; Trust Fund Ceiling; Fund Projections, and Vulnerability; State Laws; (3) Threat of Future OS in U.S. Coastal Waters: Possibilities for Future OS: U.S. Oil Imports and Possible OS; Level of Preparedness. Illustrations.

Coast Guard

Coast Guard PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Liability for oil pollution damages
Languages : en
Pages : 56

Book Description


Black Tide

Black Tide PDF Author: Antonia Juhasz
Publisher: Turner Publishing Company
ISBN: 1118067746
Category : History
Languages : en
Pages : 418

Book Description
A searing look at the human face of BP's disaster in the gulf It is the largest oil disaster in American history, and it could happen again. It is more than a story of ruined beaches, dead wildlife, corporate spin, political machinations, and financial fallout. It is a riveting human drama filled with people whose lives will forever be defined as "before" and "after the gulf oil disaster." Black Tide is the only book to tell this story through the perspective of people on all sides of the catastrophe, from those who lost their lives, loved ones, and livelihoods to those who made the policies that set the devastating event in motion, those who cut the corners that put corporate profits over people and the environment, and those who have committed their lives to ensuring that such an event is never repeated. Dramatic and compelling, Black Tide exposes the human failings and human cost of the largest oil disaster in American history and how it could easily happen again. "We cannot allow the BP disaster to be pushed from public view the way BP used chemical dispersants to hide the oil. These remarkable stories-of loss, heroism and culpability-are a vivid reminder that this catastrophe will be with us for decades, and that we have not yet made the changes necessary to prevent destruction in the future." -Naomi Klein, author of The Shock Doctrine: The Rise of Disaster Capitalism. "It's hard to imagine a better person to turn loose on this epochal disaster than Antonia Juhasz, with her compassionate heart, vivid prose, and rich expertise in both oil and economic policy. From oil-smeared beaches, to the drilling rig's control room, to the big picture of Big Oil and the governments they push around. It's not just about disaster: it's a series of encounters with real people, from oceanographers to oyster-shuckers, striving to make things right. Black Tide is riveting, infuriating, and incredibly important. -Rebecca Solnit, author of A Paradise Built in Hell: The Extraordinary Communities that Arise in Disaster Praise for The Tyranny of Oil "Reminds us that those who don't learn the lessons of history are fated to repeat its mistakes." -USA Today "[A] timely, blistering critique . . . white-hot" -Kirkus starred review "[A] thorough, readable takedown of Big Oil." -Publishers Weekly "Abrave, groundbreaking case study. . . . A good first step toward true energy independence is to read this insightful book." -The Christian Science Monitor

Assessing the Social Costs of Oil Spills

Assessing the Social Costs of Oil Spills PDF Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 172

Book Description