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BP oil spill could almost double the initial estimates, internal document shows

BP internal document shows 100,000 barrels of oil per day could be poured into the Gulf of Mexico.

The latest environmental disaster

Approximately 4 million gallons of toxic crude oil were spilled into the Gulf of Mexico, and there is no end in sight. The fishing industry is paralyzed, plants and animals die, and the oil moves dangerously near the coasts of the United States. As a society and an economy we are safeguards in place to protect us against future environmental disasters, whether related to oil or involve any other industry. How can we encourage businesses to act with integrity green?

Carbon trading system

One option could be that exchange system emissions to pay again as a deterrent or to commercial enterprises, the impact of our environment. On an individual level, we already know that the average size family car produces 12,000 pounds of carbon dioxide and that its presence in the purchase by buying carbon credits can be offset by about $ 71. The money will go to projects that engage and consume carbon dioxide as greenhouse gas emissions from landfills or planting a forest of pines.

Cash is king

What carbon footprint created by pouring a gallon of crude oil in the sea? Surely a mathematician could design an algorithm to calculate this value and assign a cost. If, for example, which costs $ 10 has been for BP is now $ 30000000000 (and more) will be responsible for cleaning. Companies would have to calculate these risks in their business plans. Perhaps paste or who have insurance programs to help businesses reduce their risks. For the same reason, companies may be in order by engaging in corporate earnings offset the carbon emissions or produce clean energy.

Imagine

Now, the dream really big. What if this energy were used currency on a global scale? Could plains U.S. and mountain peaks to generate wind energy, which could be used and be sold in other countries? Energy own, the biggest national exports and could be compensated for the national trade deficit?

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