Saturday, April 21, 2012

The Unlearned Lessons of the BP Gulf Disaster

Fire boats battle a fire at the off shore oil rig Deepwater
Horizon April 21, 2010 in the Gulf of Mexico off the coast
of Louisiana. (photo: US Coast Guard via Getty Images)
By Robert Weissman, Common Dreams
21 April 12

he BP disaster reminded the American people about some essential truths relating to corporate behavior, the need for regulatory controls over corporations, the need for effective sanctions.Eleven people died when BP's Deepwater Horizon rig exploded, causing the worst oil spill in US history.

The BP disaster taught us many things: Giant corporations cannot be trusted to behave responsibly, and have the ability to inflict massive damage on people and the environment. We need strong regulatory controls to curb corporate wrongdoing. We need tough penalties to punish corporate wrongdoers. There is no way to do deepwater oil drilling safely. And it is vital that citizens harmed by corporate wrongdoers maintain the right to sue to recover their losses.

Unfortunately, Congress and the Obama administration have refused to learn the lessons from the BP disaster:   READ MORE

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