David D. Caron,
Liability for Transnational Pollution Arising from offshore Oil Development: A Methodological Approach, 10
Available at: http://scholarship.law.berkeley.edu/facpubs/46
The problems of transnational pollution arising from offshore oil development is described. Prospective compensation schemes for relieving victims of such pollution are evaluated. The nature and magnitude of risk from offshore oil spills are discussed. Three methods for prospective resolution are addressed: the international law approach, the transnational litigation method, and the settlement method. The international law method is the least likely compensation scheme to be adopted in the near future. A combination of the settlement and transnational litigation schemes will be the most productive avenue for resolution in the near term.