Energy Law
Energy laws govern the use and taxation of energy, both renewable and non-renewable. These laws are the primary authorities (such as caselaw, statutes, rules, regulations and edicts) related to energy. In contrast, energy policy refers to the policy and politics of energy.
In the twentieth century, energy law focused mostly on natural gas regulation, but was expanded to include other areas of energy regulation as well. It also includes the legal provision for oil, gasoline, and "extraction taxes." The practice of energy law includes contracts for siting, extraction, licenses for the acquisition and ownership rights in oil and gas both under the soil before discovery and after its capture, and adjudication regarding those rights.
Read more about Energy Law: International Law, Africa, Australia, Canada, European Union, Other European Countries, Iraq, Japan, Malaysia, Philippines, Saudi Arabia, United States, See Also
Famous quotes containing the words energy and/or law:
“Viewed narrowly, all life is universal hunger and an expression of energy associated with it.”
—Mary Ritter Beard (1876–1958)
“There are no fixtures in nature. The universe is fluid and volatile. Permanence is but a word of degrees. Our globe seen by God is a transparent law, not a mass of facts. The law dissolves the fact and holds it fluid.”
—Ralph Waldo Emerson (1803–1882)