000 01435cam a2200193 4500500
005 20250121212718.0
041 _afre
042 _adc
100 1 0 _aGroh, Thomas
_eauthor
245 0 0 _aCost-Benefit Analysis of the EU Regulation Tightening the Conditions for the Maritime Transportation of Hydrocarbons
260 _c2005.
500 _a63
520 _aThis study assesses the impact of EU regulation 1726/2003 restricting the use of single-hull tankers in favour of double-hull tankers, seen as being safer, by comparing the additional economic costs induced and the expected diminution in the number of oil spills. It emerges that this regulation is of positive benefit for Europeans but results in shifting the risk of catastrophe onto the other regions of the world. Worldwide application of this regulation would permit a significant reduction in the risk of oil spills by 2015. However the net social economic impact would be negative and would probably remain so even if the valuation attached to the average damage caused by oil spills adopted in this study(euros700 million and euros1,5billion) were significantly increased.
690 _acost benefit analysis
690 _adouble hull
690 _aoil spill
786 0 _nEconomie & prévision | o 167 | 1 | 2005-03-01 | p. 27-48 | 0249-4744
856 4 1 _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2005-1-page-27?lang=en&redirect-ssocas=7080
999 _c698902
_d698902