Mineral Exploitation Licences in Greenland: The Modification Issue
Research output: Chapter in Book/Report/Conference proceeding › Book chapter › Research › peer-review
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Mineral Exploitation Licences in Greenland : The Modification Issue. / Nielsen, Rasmus Grønved; Ulfbeck, Vibe Garf.
The Routledge Handbook of Polar Law. ed. / Yoshifumi Tanaka; Rachael Johnstone; Vibe Ulfbeck. Routledge, 2023. p. 531-547.Research output: Chapter in Book/Report/Conference proceeding › Book chapter › Research › peer-review
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TY - CHAP
T1 - Mineral Exploitation Licences in Greenland
T2 - The Modification Issue
AU - Nielsen, Rasmus Grønved
AU - Ulfbeck, Vibe Garf
PY - 2023
Y1 - 2023
N2 - The chapter analyses the licenses for mineral exploitation in Greenland and their regulatory framework. In particular, it focuses on the possible right of the grantor of the license (the Greenland authorities) to make subsequent changes to the license. It is shown that the license is a private-public hybrid, and this impacts the right to make variations. It is concluded that the regulatory framework concerning mineral exploitation licenses in fact involves a considerable amount of uncertainty for investors. However, in contrast to what may be the case in other jurisdictions, many of the possible uncertainties involved in an investment project in Greenland are made clear at the outset to the potential investors.
AB - The chapter analyses the licenses for mineral exploitation in Greenland and their regulatory framework. In particular, it focuses on the possible right of the grantor of the license (the Greenland authorities) to make subsequent changes to the license. It is shown that the license is a private-public hybrid, and this impacts the right to make variations. It is concluded that the regulatory framework concerning mineral exploitation licenses in fact involves a considerable amount of uncertainty for investors. However, in contrast to what may be the case in other jurisdictions, many of the possible uncertainties involved in an investment project in Greenland are made clear at the outset to the potential investors.
U2 - 10.4324/9781003404828-41
DO - 10.4324/9781003404828-41
M3 - Book chapter
SN - 9780367711702
SP - 531
EP - 547
BT - The Routledge Handbook of Polar Law
A2 - Tanaka, Yoshifumi
A2 - Johnstone, Rachael
A2 - Ulfbeck, Vibe
PB - Routledge
ER -
ID: 336630954