Can I read Petroleum Contracts and Climate Policy Risks on EtoBox?

Petroleum Contracts and Climate Policy Risks by anas.ka3833 is a document available to read on EtoBox.

What is Petroleum Contracts and Climate Policy Risks about?

The document discusses how traditional petroleum contract terms, particularly stabilization, arbitration, and force majeure clauses, may restrict governments in petroleum-producing countries from effectively adapting their climate policies amid the transition to renewable energy. A review of 34 contracts from 11 countries reveals that these clauses often do not account for climate change risks and limit the flexibility needed for regulatory changes. As countries face pressure to decarbonize, it is crucial f

Author

anas.ka3833

Language

EN