The BP oil spill in the Gulf of Mexico is an unmitigated disaster. Its full consequences will not be known for decades. What we do know, however, is that BP president, Tony Hayward, was incredibly wrong when he stated that the spill will have "a very, very modest environmental impact". Quite the contrary! In fact, one of the most beautiful and productive coastal regions of the world is being turned into a giant cesspool and, in the midst of a major recession, thousands of workers are going to lose their livelihoods.
It goes without saying that BP must pick up the full costs of the cleanup and the economic damages. BP earned $5.6bn in the first quarter of this year. BP, not the American taxpayer, must pay for the devastation it caused.
Further, we must learn that with any risky technology, whether it is offshore oil drilling or nuclear power, it is not good enough to be 99% safe. One event can have a calamitous and irreversible impact. We need a major investigation to understand how this accident occurred. We must make certain that precautions are put in place so nothing like it ever happens again.
This crisis occurred at a time when the United States was considering opening new areas to offshore oil drilling. If there is a lesson to be learned from this disaster, it is that Congress must end that policy. There must be no new offshore drilling. Not now, not ever.
http://www.guardian.co.uk/commentisfree/cifamerica/2010/may/27/oil-spill-bernie-sanders-energy-offshore-drilling