To Your Heart's Content

Saturday, April 15, 2006

Major Oil Spill in Alaska

The 'little' leak that began in the Alaskan arctic has now precipitated into the biggest crude oil spill in Alaska since Exxon-Valdez. Yep, came from a hole in a thirty year-old mal-maintenanced pipeline run by a subsidiary of BP (which, incidentally, just recently received accolades for its sustained commitment to find lasting solutions to climate change--nice PR guys). So far more than 910, 000 litres have been leaked into the ocean and the subsidiary has recently been fined $1.2 million. Considering that Exxon just stated profits in the billions, I can't but argue that this fine is simply a drop in a large bucket. One has to wonder where the hell are the incentives, or rather disincentives.


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