Wednesday, January 21, 2015

Oil spills and paying the bill

Accidents can't be prevented by definition. Everything we do as humans has certain degree of hazard. The hazardous nature normally come from the degree or level at which the human activity is realized. Of course the hazardous nature could be at a low level but the idea is that any damage can be contained easier if the amount is minor. Let's say that we are going to transport one barrel of oil and we have a spill, it is going to be easy to find a way for the clean up of this happening. But what if thousands or millions of barrels are spilled. It is going to be more difficult and costly to 'manage' and clean the spill.

So the question is: who should be responsible for the safe transport of chemicals like oil that if released to the environment are highly damaging?

Let's think about what is going on in Glendive Montana where thousands of inhabitants are not able to drink municipal water. To read more click here. Here you have a situation where many citizens are affected by multinational corporations doing business in our country.
Oil Spill under a frozen river
We know that these multinational corporations are employing people and by doing so they are supporting the communities in which they operate. But make no mistake, they are not giving anything back, they are getting much more of what they are paying to the community. They are recipients of 'rent" as Economy Noble Prize winner Joseph E. Stiglitz clearly explained in his book "The Price of Inquality"
Of course, the immense economic/political power of these multinational corporations are using our government for advantageous laws that allow them to externalize their losses at the same time that they maximize their profits by not paying fair taxes on the one hand and not paying for damages on the other hand.

It is little what we individuals can do to stop the damage to the environment by these huge corporations, and to help those that are directly affected by the overexploitation of  natural resources. But we should not be discouraged as we can do much if we act together. We should keep our enthusiasm as we are confident that at the end reason will prevail and we'll be able to have a sustainable economy.

What would you say about something you can do to keep this Earth livable?

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