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Guard watches coast for oil slick's first wave

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Old 06-04-2010, 04:08 PM   #11
12thMan
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Re: Guard watches coast for oil slick's first wave

Quote:
Originally Posted by JoeRedskin View Post
Not sure I agree. There certainly is the risk of being tainted with BP's foul ups. On the other hand, as CRedskin pointed out, there would be a serious financial incentive to be the team that comes up with some technological breakthrough that resolves this mess (Just a thought: A government incentive for the company that finds a way to stop the leak or expedite clean up?). There could be some serious upside to the company that stops the leak - both from a purely financial/technological stance and from a public perception basis.
That scenario is very unlikely to happen in the next 90 days, in my opinion. Besides BP has already offered $500 million over a ten year period to study the impact on the environment and how the oil industry could respond better. So if the answer is out there, there's one helluva reward to figure it out.

I think there's more risk for a corporation to get involved with the "answer, have that fail than not getting involved at all. There's no silver bullet answer at this point. Much of this would have been avoided had the relief wells been in place along with the original pipeline to anticipate this disaster. At this point, it's a race against the clock and keeping our fingers crossed.
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