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Across the universe of shale resources—a comparative assessment of the emerging legal foundations for unconventional energy
The Journal of World Energy Law & Business ( IF 0.403 ) Pub Date : 2018-08-01 , DOI: 10.1093/jwelb/jwy018
Peter Cameron , Juan Felipe Neira Castro , Tomás Lanardonne , Geoffrey Wood

Outside the US, the commercial development of shale gas and oil will need to overcome significant legal and regulatory challenges if it is ever to take off. This study identifies several key features that have contributed to shale’s economic success in the US and applies them to three country settings where policy decisions have been taken to advance a shale resources agenda: Argentina, Colombia and the United Kingdom. Each country is at an initial stage in the development of its resources and has explored various legal instruments to advance its policy aims. In reviewing their experiences, we may be able to identify the emergence of a dedicated body of good or best practices. The study confirms that governments tend initially to rely heavily on established hydrocarbons regulatory approaches, where they exist, but that these quickly prove fragile or insufficient, and need to be supplemented by new measures and institutions targeted specifically at meeting the challenges arising from ownership, infrastructure (including local content) and consent which may otherwise inhibit investment in this energy sector.

中文翻译:

整个页岩资源领域——对非常规能源新兴法律基础的比较评估

在美国以外,页岩气和石油的商业开发如果要起飞,就需要克服重大的法律和监管挑战。本研究确定了有助于页岩气在美国取得经济成功的几个关键特征,并将它们应用到三个已经采取政策决定推进页岩资源议程的国家环境:阿根廷、哥伦比亚和英国。每个国家都处于资源开发的初始阶段,并探索了各种法律手段来推进其政策目标。在回顾他们的经验时,我们或许能够确定出现了专门的良好或最佳实践机构。该研究证实,政府最初倾向于严重依赖现有的碳氢化合物监管方法,
更新日期:2018-08-01
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