Petroleum Accidents in the Global South

Forskningsoutput: Kapitel i bok/rapport/konferenshandlingKapitelVetenskapligPeer review

Sammanfattning

Transnational corporation (TNC)-led oil investments have been widely
encouraged as a mechanism for the development of the Global South. Even
though the sector is characterized by major accidents, oil-based developmentalist narratives claim that such accidents are merely isolated incidents that can be administratively addressed, redressed behaviorally through education of certain individuals, or corrected through individually targeted post-event legislation. Adapting Harvey Molotch’s (1970) political economy methodology of “accident research”, this paper argues that such “accidents” are, in fact, routine in the entire value chain of the oil system dominated by, among others, military-backed TNCs which increasingly collaborate with national and local oil companies similarly wedded to the ideology of growth. Based on this analysis, existing policy focus on improving technology, instituting and enforcing more environmental regulations, and the pursuit of economic nationalism in the form of withdrawing from globalization are ineffective. In such a red-hot system, built on rapidly spinning wheels of accumulation, the pursuit of slow growth characterized by breaking the chains of monopoly and oligopoly, putting commonly generated rent to common uses, and freeing labor from regulations that rob it of its produce has more potency to address the enigma of petroleum accidents in the global south.
Originalspråkengelska
Titel på gästpublikationEnvironmental Impacts of Transnational Corporations in the Global South
RedaktörerPaul Cooney, William Sacher Freslon
Antal sidor32
FörlagEmerald Group Publishing Limited
Utgivningsdatum14 jan 2019
Sidor111-142
ISBN (tryckt)978-1-78756-035-2
ISBN (elektroniskt)978-1-78756-034-5
StatusPublicerad - 14 jan 2019
MoE-publikationstypA3 Del av bok eller annan forskningsbok

Publikationsserier

NamnResearch in Political Economy
FörlagJAI Press
Volym33
ISSN (tryckt)0161-7230

Vetenskapsgrenar

  • 5203 U-landsforskning

Citera det här

Obeng-Odoom, F. (2019). Petroleum Accidents in the Global South. I P. Cooney, & W. Sacher Freslon (Red.), Environmental Impacts of Transnational Corporations in the Global South (s. 111-142). (Research in Political Economy; Vol. 33). Emerald Group Publishing Limited.
Obeng-Odoom, Franklin. / Petroleum Accidents in the Global South. Environmental Impacts of Transnational Corporations in the Global South. redaktör / Paul Cooney ; William Sacher Freslon. Emerald Group Publishing Limited, 2019. s. 111-142 (Research in Political Economy).
@inbook{7362221c21664df7bc95297a5b942e2e,
title = "Petroleum Accidents in the Global South",
abstract = "Transnational corporation (TNC)-led oil investments have been widelyencouraged as a mechanism for the development of the Global South. Eventhough the sector is characterized by major accidents, oil-based developmentalist narratives claim that such accidents are merely isolated incidents that can be administratively addressed, redressed behaviorally through education of certain individuals, or corrected through individually targeted post-event legislation. Adapting Harvey Molotch’s (1970) political economy methodology of “accident research”, this paper argues that such “accidents” are, in fact, routine in the entire value chain of the oil system dominated by, among others, military-backed TNCs which increasingly collaborate with national and local oil companies similarly wedded to the ideology of growth. Based on this analysis, existing policy focus on improving technology, instituting and enforcing more environmental regulations, and the pursuit of economic nationalism in the form of withdrawing from globalization are ineffective. In such a red-hot system, built on rapidly spinning wheels of accumulation, the pursuit of slow growth characterized by breaking the chains of monopoly and oligopoly, putting commonly generated rent to common uses, and freeing labor from regulations that rob it of its produce has more potency to address the enigma of petroleum accidents in the global south.",
keywords = "5203 Development Studies, petroleum, accumulation and rent, Africa, global south, political economy, TNCs",
author = "Franklin Obeng-Odoom",
year = "2019",
month = "1",
day = "14",
language = "English",
isbn = "978-1-78756-035-2",
series = "Research in Political Economy",
publisher = "Emerald Group Publishing Limited",
pages = "111--142",
editor = "Paul Cooney and {Sacher Freslon}, { William}",
booktitle = "Environmental Impacts of Transnational Corporations in the Global South",
address = "United Kingdom",

}

Obeng-Odoom, F 2019, Petroleum Accidents in the Global South. i P Cooney & W Sacher Freslon (red), Environmental Impacts of Transnational Corporations in the Global South. Research in Political Economy, vol. 33, Emerald Group Publishing Limited, s. 111-142.

Petroleum Accidents in the Global South. / Obeng-Odoom, Franklin.

Environmental Impacts of Transnational Corporations in the Global South. red. / Paul Cooney; William Sacher Freslon. Emerald Group Publishing Limited, 2019. s. 111-142 (Research in Political Economy; Vol. 33).

Forskningsoutput: Kapitel i bok/rapport/konferenshandlingKapitelVetenskapligPeer review

TY - CHAP

T1 - Petroleum Accidents in the Global South

AU - Obeng-Odoom, Franklin

PY - 2019/1/14

Y1 - 2019/1/14

N2 - Transnational corporation (TNC)-led oil investments have been widelyencouraged as a mechanism for the development of the Global South. Eventhough the sector is characterized by major accidents, oil-based developmentalist narratives claim that such accidents are merely isolated incidents that can be administratively addressed, redressed behaviorally through education of certain individuals, or corrected through individually targeted post-event legislation. Adapting Harvey Molotch’s (1970) political economy methodology of “accident research”, this paper argues that such “accidents” are, in fact, routine in the entire value chain of the oil system dominated by, among others, military-backed TNCs which increasingly collaborate with national and local oil companies similarly wedded to the ideology of growth. Based on this analysis, existing policy focus on improving technology, instituting and enforcing more environmental regulations, and the pursuit of economic nationalism in the form of withdrawing from globalization are ineffective. In such a red-hot system, built on rapidly spinning wheels of accumulation, the pursuit of slow growth characterized by breaking the chains of monopoly and oligopoly, putting commonly generated rent to common uses, and freeing labor from regulations that rob it of its produce has more potency to address the enigma of petroleum accidents in the global south.

AB - Transnational corporation (TNC)-led oil investments have been widelyencouraged as a mechanism for the development of the Global South. Eventhough the sector is characterized by major accidents, oil-based developmentalist narratives claim that such accidents are merely isolated incidents that can be administratively addressed, redressed behaviorally through education of certain individuals, or corrected through individually targeted post-event legislation. Adapting Harvey Molotch’s (1970) political economy methodology of “accident research”, this paper argues that such “accidents” are, in fact, routine in the entire value chain of the oil system dominated by, among others, military-backed TNCs which increasingly collaborate with national and local oil companies similarly wedded to the ideology of growth. Based on this analysis, existing policy focus on improving technology, instituting and enforcing more environmental regulations, and the pursuit of economic nationalism in the form of withdrawing from globalization are ineffective. In such a red-hot system, built on rapidly spinning wheels of accumulation, the pursuit of slow growth characterized by breaking the chains of monopoly and oligopoly, putting commonly generated rent to common uses, and freeing labor from regulations that rob it of its produce has more potency to address the enigma of petroleum accidents in the global south.

KW - 5203 Development Studies

KW - petroleum

KW - accumulation and rent

KW - Africa

KW - global south

KW - political economy

KW - TNCs

M3 - Chapter

SN - 978-1-78756-035-2

T3 - Research in Political Economy

SP - 111

EP - 142

BT - Environmental Impacts of Transnational Corporations in the Global South

A2 - Cooney, Paul

A2 - Sacher Freslon, William

PB - Emerald Group Publishing Limited

ER -

Obeng-Odoom F. Petroleum Accidents in the Global South. I Cooney P, Sacher Freslon W, redaktörer, Environmental Impacts of Transnational Corporations in the Global South. Emerald Group Publishing Limited. 2019. s. 111-142. (Research in Political Economy).