Developing offshore petroleum to meet socio-economic objectives: Lessons from Australia, Norway and the United Kingdom

John A.P. Chandler

Energy Policy, 2020, vol. 144, issue C

Abstract: •Offshore petroleum licensing regimes are focused on development.•They give limited consideration to securing socio-economic benefits.•Evolved regulatory regimes like Norway reduce waste and increase the state's return.•Improving socio-economic benefits requires clearer policy and regulatory objectives.•Similar considerations apply to alternative energy policy.

Keywords: Offshore; Petroleum; Regulation; Energy; Socio-economic (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:144:y:2020:i:c:s0301421520303542

DOI: 10.1016/j.enpol.2020.111618

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