OIL SPILL LIABILITY AND COMPENSATION ("SUPERFUND")
The subjects under consideration are the liability imposed upon shipper, producers, refiners, and other handlers of oil, and the compensation monies available to persons damaged from oil spills. The liability and compensation system in existence today is one that provides little or no coverage in some instances, adequate coverage in some instances, and double coverage in still other instances. It has been correctly described as a "patchwork." In the past three years, concerted efforts have been made by industry, government, and environmentalists to legislate improvements to the system. An attempt to enact a comprehensive oil spill liability and compensation law made substantial progress in the last Congress. This paper reviews the system as it now exists, the problems caused by the existing system, the proposed legislative changes, and the status of the legislation today.
- Proceedings of the 1977 Oil Spill Conference, March 8-10, 1977, New Orleans, Louisiana. Sponsored by American Petroleum Institute, Environmental Protection Agency and U.S. Coast Guard.
American Petroleum Institute1220 L Street, NW
Washington, DC USA 20005-4070
- Reynolds, J J
- Publication Date: 1977-3
- Pagination: p. 15-18
- TRT Terms: Liability; Liability insurance; Oil spill cleanup; Oil spills; Pollution; Regulation; Water pollution; Water quality management
- Old TRIS Terms: Oil spill liability; Water pollution regulation
- Subject Areas: Environment; Law; Marine Transportation;
- Accession Number: 00152028
- Record Type: Publication
- Source Agency: American Petroleum Institute
- Files: TRIS
- Created Date: Apr 27 1977 12:00AM