Organizational Design for Spill Containment in Deepwater Drilling Operations in the Gulf of Mexico:Assessment of the Marine Well Containment Company (MWCC).

摘要

In this paper we assess the Marine Well Containment Company (MWCC) and alternative options for long-term readiness for deepwater spill containment. The MWCC is an early positive indication of major firms' willingness to enhance containment capacity. We focus on the critical roles of liability and regulation as determinants of readiness. We also consider the adequacy of incentives for technological innovation in oil spill containment technology to keep pace with advances in deepwater drilling capability. Liability and regulation can significantly influence the strength of these incentives. In addition, we discuss appropriate governance structure as a major determinant of the effectiveness of MWCC.