Cameron - International Energy Investment Law

full all chapter5 chapter6 chapter7 chapter8 chapter9

chapter4 chapter5 chapter6 chapter7 chapter8 chapter9

Transparency and Accountability

Policy, Legal and Contractual Framework

Sector Organization and Institutions

Fiscal Design and Administration

Revenue Management and Distribution

Sustainable Development

Cameron, P. D., International Energy Investment Law: The Pursuit of Stability, (Oxford, UK: Oxford University Press, 2010)

In this book, Cameron provides a comprehensive analysis of the legal framework for investor-state relations in the international energy industry as he addresses the stabilization mechanisms that have been developed in the field of international energy investment law.  He divides his analysis into three major parts. Part I examines several aspects of the modern legal regime for investment stability. Part II looks at the challenges to the new regime of investment stability. The focus of this section of the book is to explore the forms of stabilizations for long-term energy contracts developed as responses to investors' vulnerability of unilateral change of the investment’s terms by the host government. Contract and treaty-based stabilization mechanisms are discussed and a further comprehensive account has been given on how such mechanisms have been tested through unilateral host governments’ undertakings – ‘millennium wave’.

Finally, in part III the author addresses future-orientated issues with a focus on stability in the context of environment and human rights as concerns arising from human rights, environmental sustainability and climate change may constitute a challenge to the long-term stability of investment in energy and natural resources. 

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