Pollution and Environmental Responsibility in Petroleum Extraction in the Niger Delta of Nigeria: Modeling the Coase Theorem

Pollution and Environmental Responsibility in Petroleum Extraction in the Niger Delta of Nigeria: Modeling the Coase Theorem, LAP LAMBERT Academic Publishing (2017)

Posted: 1 Mar 2018

See all articles by Kato Gogo Kingston

Kato Gogo Kingston

Faculty of Law, Rivers State University

Date Written: October 3, 2017

Abstract

The study explored the vacuum in pollution responsibility in the Niger Delta of Nigeria with a specific focus on the negative externalities of crude oil extraction. It evaluates the laxity of the environmental laws and regulations and, proposed an effective solution based on the Coase theorem. The study adopted the realist methodology to explore the structural defects of Nigeria’s environmental regulatory institutions and the weaknesses of the environmental laws occasioned by regulatory capture. Also, the work illustrates how the inherent deficiencies of the laws and the institutions are the sources of the lack of environmental accountability by the government, the Niger Delta peoples and the oil corporations. It emphasises that the bargaining model of the Coase theorem provides a fruitful approach to resolving the current pollution dilemma. In essence, the socially efficient outcome is achievable irrespective of the current holder of the land rights.

Keywords: Petroleum, Coase, Law, Economics, Land Use

Suggested Citation

Kingston, Kato Gogo, Pollution and Environmental Responsibility in Petroleum Extraction in the Niger Delta of Nigeria: Modeling the Coase Theorem (October 3, 2017). Pollution and Environmental Responsibility in Petroleum Extraction in the Niger Delta of Nigeria: Modeling the Coase Theorem, LAP LAMBERT Academic Publishing (2017). Available at SSRN: https://ssrn.com/abstract=3125786

Kato Gogo Kingston (Contact Author)

Faculty of Law, Rivers State University ( email )

P.M.B. 5080
Port Harcourt, Rivers State
Nigeria

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