I’ve said before and I’ll say it again....without a containment plan for an unisolable oil leak at a well head on the sea floor, oil companies should not be allowed to drill one inch.
Maybe a moratorium isn’t the best solution now, but there needs to be pressure put on the industry to come up with a solution for this.
They had a plan for the leak, it’s just that everything in the plan failed.
Would you recommend that we ground all airplane flights until the airline industry can give us a guaranteed plan for how to safely land if all their engines die, or if they get hit by lightning or a freak storm front?
How about we ban all driving until the car companies can give us the plan that guarantees that every idiot driving can stop their car under any circumstances they get into, without causing an accident?
We could also ban all manufacturing until the companies can come up with a plan that guarantees that no workers can have an accident.
And by the way, you don’t think that a 20 billion dollar loss is a sufficient incentive to pressure the industry? Or more likely twice that amount when we are all done?
About the only change I support is to increase the liability for companies to include the full cost of compensation, with them having to buy a liability policy if they can’t cover the costs.
I’ve heard people complain this would put small companies out of business — but I’m certainly glad the company that just spoiled the Gulf has 20 billion dollars to throw around, I’d hate to have this be the result of a half-billion startup company.