Maximizing Revenues from Natural-Resource Extraction

2021 ◽  
Author(s):  
Thomas Pogge
Keyword(s):  
Natural Resource ◽  
Resource Extraction ◽  
Natural Resource Extraction

scholarly journals Arctic meltdown: A problematic property rights structure translates into poor resource management

SURG Journal ◽  
2013 ◽  
Vol 6 (2) ◽  
pp. 5-13
Author(s):  
Olivia Mancuso
Keyword(s):  
Land Use ◽  
Resource Management ◽  
Property Rights ◽  
Natural Resource ◽  
Tragedy Of The Commons ◽  
The Arctic ◽  
Resource Extraction ◽  
Open Communication ◽  
Natural Resource Extraction ◽  
The Commons

As access to the Arctic region continues to grow, many land-use issues have become increasingly prominent. The exposure of shorter shipping routes, unresolved maritime boundaries between the bordering states, and most importantly, the plethora of renewable and non-renewable resources in the region have created a strain on international relations between the states bordering the Arctic. Rising global temperatures have created the promise and opportunity of better access to natural resources in the coming years, raising the likelihood of potentially substantial economic gains to the bordering states. However, the current property rights structure in the Arctic, as governed by the United Nations Convention on the Law of the Sea (UNCLOS), dictates that the jurisdiction of each coastal nation state shall not exceed past 200 nautical miles beyond the coastline of each respective state. The goal of this report is to provide an assessment of the basic property rights that govern the Arctic territory in an attempt to illuminate how current and future inefficiencies in natural resource extraction and management can result from a poor property rights structure. The current property rights structure has led to a departure from an efficient allocation of rights and as a result currently operates under an anticommons scenario, while also setting the stage for a tragedy of the commons in the not so distant future. To move away from these sub-optimal outcomes and toward more efficient resource management, open communication, cooperation, and better defined property rights are important components needed to strengthen resource management among Arctic states. Keywords: Arctic land-use and property rights (assessment of); natural resource extraction and management (inefficiencies in); anticommons scenario; tragedy of the commons; Arctic Council; UNCLOS

Discussing natural resource extraction in cultural landscapes as a cultural value

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Patricia O'Donnell ◽  
Christophe Rivet
Keyword(s):  
Natural Resource ◽  
Cultural Landscapes ◽  
World Heritage ◽  
Cultural Dimensions ◽  
Resource Extraction ◽  
Content Type ◽  
Natural Resource Extraction ◽  
World Heritage List ◽  
The World ◽  
Practical Implications

PurposeNatural resource extraction is perceived as a destructive aspect of human culture. This characterization is widespread, despite the activity having shaped relationships between communities and their environment to create entire sets of cultural values and expressions through settlement patterns, traditional skills and practices, innovation and technology, intangible cultural expressions, local economies and more. The cultural dimensions of natural resource extraction landscapes were discussed at the ICOMOS ADCOM Annual Symposium in La Plata, Argentina, in December 2018. The workshop included experts in cultural landscapes, sustainability, industrial archaeology and industrial heritage. This paper reports on these issues and deliberations focusing on World Heritage cultural landscapes of extraction.Design/methodology/approachThe report considers a broad survey of the World Heritage List and sites on national Tentative Lists to identify those related to natural extraction sites and distinguishing between categories of relict vs. living, and between the types of natural resources being extracted.FindingsThe conclusion is that the World Heritage Committee has yet to address the living value of natural resource extraction. Furthermore, the workshop attendants concluded that there is a pressing need to do so in light of the type, nature and sustainability of these sites. As the source of materials for many outstanding sites on the World Heritage List and the decreasing availability of some resources, the question requires consideration to ensure the sustainable use and livelihood of communities.Research limitations/implicationsThe limitations are set by the general terms of the survey and the limited engagement of knowledgeable individuals.Practical implicationsThe practical implications are related to guidance to review and analyse potential living cultural landscapes related to natural resource extraction.Originality/valueThere is no general discussion on this topic yet amongst professionals. The initiative of the workshop identified that gap and its related necessity to provide guidance.

Sign in / Sign up

Export Citation Format

Share Document