Methane Hydrate Risk in our Pursuit of Energy

Here is an excerpt from Oil be Seeing You Blog.

Everyone knows business men are trustworthy. Hell, survey after survey shows that they are more trusted than the family doctor or your local banker or pharmacist or those bleeding-heart scientists writing global warming reports for the IPCC or, God forbid, that wacko environmentalist living down the street who keeps showing up at all those Greenpeace demonstrations. So, of course we can count on business men, these pillars of society, to protect the environment and do the right thing and make decisions in the best interest of "the little people", as Tony Hayward, CEO of BP, so eloquently put it.

And we can trust corporations, like BP, Exxon, Halliburton, Enron and Lehman Brothers, to monitor and police their own operations. If they find something wrong they will make sure it gets fixed, and quickly. So there is no need for us or our governments to hold them accountable. They will hold themselves accountable. After all, isn't BP voluntarily setting aside $20-billion to cover costs and claims resulting from the Gulf oil spill? And don't they have thousands of people on the beaches and on shrimp boats cleaning up the oil spill? Oh wait, they were strong-armed into all of that by President Obama. Well they would have done it anyway, right?

The reality is, in my opinion, that the inordinate faith and trust afforded business and industry leaders and executives is both misplaced and highly irrational in face of the evidence of the collateral damage of their profit-centred decisions and actions over the last several decades. The reality is that, despite the fact that in the beginning people were prone to exclaim, "what a terrible accident", this was no accident. Far from it. The disaster that befell The Deepwater Horizon was the result of very high-risk human decisions in the face of overwhelming evidence that should have caused them to turn back. But don't take my word for it.

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