The Prestige Disaster And The Proposal For A European Fund For The Compensation Of Oil Pollution Damage: A Missed Opportunity For The European Union?
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The Prestige Disaster And The Proposal For A European Fund For The Compensation Of Oil Pollution Damage: A Missed Opportunity For The European Union?Date
2011Citation
Javier PRADO-DOMÍNGUEZ & Diego VARELA, 2011. "The Prestige Disaster And The Proposal For A European Fund For The Compensation Of Oil Pollution Damage: A Missed Opportunity For The European Union?," The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 11(2(14)), pages 32-39, December.
Abstract
[Abstract] In this paper we analyze the proposal for the creation of a European fund for the compensation of oil pollution
damage. We argue that experience from the accident of the Prestige tanker off the Spanish coast in 2002 made it clear
that existing international liability and compensation mechanisms were insufficient. The disaster added momentum to
the proposal for the creation of an intermediate tier between the national and the international regimes. However, the
proposal was dropped in 2004. In this paper we analyze the causes of the proposal demise and whether a similar
opportunity is likely to arise in the future.
Keywords
European Union
Maritime transport
Pollution
Oil
IOPC Fund
COPE Fund
Maritime transport
Pollution
Oil
IOPC Fund
COPE Fund
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Atribución-Compartir igual 4.0 Internacional (CC BY-SA 4.0)