Harmonisation of unconventional gas resources (UGR) regulatory frameworks in Australia: is there a will and a way?
Topic: Harmonisation of unconventional gas resources (UGR) regulatory frameworks in Australia: is there a will and a way?
Presenter: Sarah Asokendaran - PhD, TC Beirne School of Law
The current legislative framework in Australia for the exploration and production of unconventional gas resources (UGR) is regulated by each individual state or territory. At present, there is a large variation in regulation with some states using a prescriptive and others a principle-based approach. This results in unnecessary regulatory burden and acts as a deterrent for domestic and foreign investment. The aim of this project is to identify the deficiencies in the current regulatory framework for UGR in Australia and to identify alternative regulatory approaches that will reduce regulatory burden. The thesis aims to examine current leading practices adopted by the industry and ultimately discover if harmonisation is the best course to be adopted to solve these problems.
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