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Author: Abrahm Lustgarten
Publisher: W. W. Norton & Company
ISBN: 0393083160
Category : Business & Economics
Languages : en
Pages : 409
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Book Description
It was Big Oil's nightmare moment, and the dominoes began falling years before the well was drilled. Two decades ago, British Petroleum, a venerable and storied corporation, was running out of oil reserves. Along came a new CEO of vision and vast ambition, John Browne, who pulled off one of the greatest corporate turnarounds in history. BP bought one company after another and then relentlessly fired employees and cut costs. It skipped safety procedures, pumped toxic chemicals back into the ground, and let equipment languish, even while Browne claimed a new era of environmentally sustainable business as his own. For a while the strategy worked, making BP one of the most profitable corporations in the world. Then it all began to unravel, in felony convictions for environmental crimes and in one deadly accident after another. Employees and regulators warned that BP’s problems, unfixed, were spinning out of control, that another disaster—bigger and deadlier—was inevitable. Nobody was listening. Having reported on business and the energy industry for nearly a decade, Abrahm Lustgarten uses interviews with key executives, former government investigators, and whistle-blowers along with his exclusive access to BP’s internal documents and emails to weave a spellbinding investigative narrative of hubris and greed well before the gulf oil spill.
Author: Abrahm Lustgarten
Publisher: W. W. Norton & Company
ISBN: 0393083160
Category : Business & Economics
Languages : en
Pages : 409
Get Book Here
Book Description
It was Big Oil's nightmare moment, and the dominoes began falling years before the well was drilled. Two decades ago, British Petroleum, a venerable and storied corporation, was running out of oil reserves. Along came a new CEO of vision and vast ambition, John Browne, who pulled off one of the greatest corporate turnarounds in history. BP bought one company after another and then relentlessly fired employees and cut costs. It skipped safety procedures, pumped toxic chemicals back into the ground, and let equipment languish, even while Browne claimed a new era of environmentally sustainable business as his own. For a while the strategy worked, making BP one of the most profitable corporations in the world. Then it all began to unravel, in felony convictions for environmental crimes and in one deadly accident after another. Employees and regulators warned that BP’s problems, unfixed, were spinning out of control, that another disaster—bigger and deadlier—was inevitable. Nobody was listening. Having reported on business and the energy industry for nearly a decade, Abrahm Lustgarten uses interviews with key executives, former government investigators, and whistle-blowers along with his exclusive access to BP’s internal documents and emails to weave a spellbinding investigative narrative of hubris and greed well before the gulf oil spill.
Author: John Konrad
Publisher: Harper Collins
ISBN: 0062063022
Category : Social Science
Languages : en
Pages : 328
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Book Description
"A phenomenal feat of journalism. . . . I tore through it like a novel but with the queasy knowledge that the whole damn thing is true." —Sebastian Junger, author of The Perfect Storm and War Blending exclusive first-person interviews and penetrating investigative reporting, oil rig captain John Konrad and veteran Washington Post writer Tom Shroder give the definitive, white-knuckled account of the Deepwater Horizon explosion—as well as a riveting insider’s view of the byzantine culture of offshore drilling that made the disaster inevitable. As the world continues to cope with the oil spill’s grim aftermath—with environmental and economic consequences all the more dire in a region still rebuilding from Hurricane Katrina—Konrad and Schroder’s real-time account of the disaster shows us just where things went wrong, and points the way to a safer future for us all.
Author: Judith A. Layzer
Publisher: CQ Press
ISBN: 1071870254
Category : Political Science
Languages : en
Pages : 518
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Book Description
Answers to environmental issues are not black and white. Debates around policy are often among those with fundamentally different values, and the way that problems and solutions are defined plays a central role in shaping how those values are translated into policy. The Environmental Case captures the real-world complexity of creating environmental policy, and this much-anticipated Sixth Edition contains 14 carefully constructed cases, including a new study of the Salton Sea crisis. Through her analysis, Sara Rinfret continues the work of Judith Layzer and explores the background, players, contributing factors, and outcomes of each case, and gives readers insight into some of the most interesting and controversial issues in U.S. environmental policymaking.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309221412
Category : Science
Languages : en
Pages : 213
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Book Description
The blowout of the Macondo well on April 20, 2010, led to enormous consequences for the individuals involved in the drilling operations, and for their families. Eleven workers on the Deepwater Horizon drilling rig lost their lives and 16 others were seriously injured. There were also enormous consequences for the companies involved in the drilling operations, to the Gulf of Mexico environment, and to the economy of the region and beyond. The flow continued for nearly 3 months before the well could be completely killed, during which time, nearly 5 million barrels of oil spilled into the gulf. Macondo Well-Deepwater Horizon Blowout examines the causes of the blowout and provides a series of recommendations, for both the oil and gas industry and government regulators, intended to reduce the likelihood and impact of any future losses of well control during offshore drilling. According to this report, companies involved in offshore drilling should take a "system safety" approach to anticipating and managing possible dangers at every level of operation-from ensuring the integrity of wells to designing blowout preventers that function under all foreseeable conditions-in order to reduce the risk of another accident as catastrophic as the Deepwater Horizon explosion and oil spill. In addition, an enhanced regulatory approach should combine strong industry safety goals with mandatory oversight at critical points during drilling operations. Macondo Well-Deepwater Horizon Blowout discusses ultimate responsibility and accountability for well integrity and safety of offshore equipment, formal system safety education and training of personnel engaged in offshore drilling, and guidelines that should be established so that well designs incorporate protection against the various credible risks associated with the drilling and abandonment process. This book will be of interest to professionals in the oil and gas industry, government decision makers, environmental advocacy groups, and others who seek an understanding of the processes involved in order to ensure safety in undertakings of this nature.
Author: Taft, Kevin
Publisher: James Lorimer & Company
ISBN: 145940999X
Category : Political Science
Languages : en
Pages : 316
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Book Description
Why have democratic governments failed to take serious steps to reduce carbon emissions despite dire warnings and compelling evidence of the profound and growing threat posed by global warming? Most of the writing on global warming is by scientists, academics, environmentalists, and journalists. Kevin Taft, a former leader of the opposition in Alberta, brings a fresh perspective through the insight he gained as an elected politician who had an insider's eyewitness view of the role of the oil industry. His answer, in brief: The oil industry has captured key democratic institutions in both Alberta and Ottawa. Taft begins his book with a perceptive observer's account of a recent court casein Ottawa which laid bare the tactics and techniques of the industry, its insiders and lobbyists. He casts dramatic new light on exactly how corporate lobbyists, politicians, bureaucrats, universities, and other organizations are working together to pursue the oil industry's agenda. He offers a brisk tour of the recent work of scholars who have developed the concepts of the deep state and institutional capture to understand how one rich industry can override the public interest. Taft views global warming and weakened democracy as two symptoms of the same problem — the loss of democratic institutions to corporate influence and control. He sees citizen engagement and direct action by the public as the only response that can unravel big oil's deep state.
Author: Rena Steinzor
Publisher: Cambridge University Press
ISBN: 1107053404
Category : Law
Languages : en
Pages : 295
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Book Description
The US Department of Justice is under fire for failing to prosecute banks that caused the 2008 economic meltdown because they are too big to jail. Prosecutors have long neglected to hold corporate executives accountable for chronic mistakes that kill and injure workers and customers. This book, the first of its kind, analyzes five industrial catastrophes that have killed or sickened consumers and workers or caused irrevocable harm to the environment. From the Texas City refinery explosion to the Upper Big Branch mine collapse, the root causes of these preventable disasters include crimes of commission and omission. Although federal prosecutors have made a start on holding low-level managers liable, far more aggressive prosecution is appropriate as a matter of law, policy, and justice. Written in accessible and jargon-free language, this book recommends innovative interpretations of existing laws to elevate the prosecution of white-collar crime at the federal and state levels.
Author: Denise L. Scheberle
Publisher: Routledge
ISBN: 0429888856
Category : Political Science
Languages : en
Pages : 398
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Book Description
Environmental stories have all the elements of a good drama—villains that plunge the world into danger and heroes that fight for positive change. Industrial Disasters and Environmental Policy: Stories of Villains, Heroes, and the Rest of Us illuminates the interplay between environmental policies and the people and groups who influence their development and implementation. Through the stories of four major industrial disasters—the Union Carbide plant explosion, the BP oil spill, the Upper Big Branch Mine explosion, and the asbestos poisoning in Libby, Montana—this book examines the organizational breakdowns and regulatory lapses that caused these disasters, and how attitudes and policies changed as a result. It also explores the achievements of environmental heroes like Gaylord Nelson and Judy Bonds and how their activism has shaped US environmental politics and policies. Industrial Disasters and Environmental Policy concludes with a discussion of how the "rest of us" can participate in everyday environmental actions, hold corporations and the government accountable, and lobby for greater environmental protections. With its compelling stories and calls to action, this book helps students understand how US environmental policies have developed and transformed—and how they can continue to do so.
Author: Earl Boebert
Publisher: Harvard University Press
ISBN: 0674545230
Category : Business & Economics
Languages : en
Pages : 303
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Book Description
On April 20, 2010, the crew of the floating drill rig Deepwater Horizon lost control of the Macondo oil well forty miles offshore in the Gulf of Mexico. Escaping gas and oil ignited, destroying the rig, killing eleven crew members, and injuring dozens more. The emergency spiraled into the worst human-made economic and ecological disaster in Gulf Coast history. Senior systems engineers Earl Boebert and James Blossom offer the most comprehensive account to date of BP’s Deepwater Horizon oil spill. Sifting through a mountain of evidence generated by the largest civil trial in U.S. history, the authors challenge the commonly accepted explanation that the crew, operating under pressure to cut costs, made mistakes that were compounded by the failure of a key safety device. This explanation arose from legal, political, and public relations maneuvering over the billions of dollars in damages that were ultimately paid to compensate individuals and local businesses and repair the environment. But as this book makes clear, the blowout emerged from corporate and engineering decisions which, while individually innocuous, combined to create the disaster. Rather than focusing on blame, Boebert and Blossom use the complex interactions of technology, people, and procedures involved in the high-consequence enterprise of offshore drilling to illustrate a systems approach which contributes to a better understanding of how similar disasters emerge and how they can be prevented.
Author: Brandon L. Garrett
Publisher: Harvard University Press
ISBN: 0674744616
Category : Law
Languages : en
Pages : 380
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Book Description
American courts routinely hand down harsh sentences to individual convicts, but a very different standard of justice applies to corporations. Too Big to Jail takes readers into a complex, compromised world of backroom deals, for an unprecedented look at what happens when criminal charges are brought against a major company in the United States. Federal prosecutors benefit from expansive statutes that allow an entire firm to be held liable for a crime by a single employee. But when prosecutors target the Goliaths of the corporate world, they find themselves at a huge disadvantage. The government that bailed out corporations considered too economically important to fail also negotiates settlements permitting giant firms to avoid the consequences of criminal convictions. Presenting detailed data from more than a decade of federal cases, Brandon Garrett reveals a pattern of negotiation and settlement in which prosecutors demand admissions of wrongdoing, impose penalties, and require structural reforms. However, those reforms are usually vaguely defined. Many companies pay no criminal fine, and even the biggest blockbuster payments are often greatly reduced. While companies must cooperate in the investigations, high-level employees tend to get off scot-free. The practical reality is that when prosecutors face Hydra-headed corporate defendants prepared to spend hundreds of millions on lawyers, such agreements may be the only way to get any result at all. Too Big to Jail describes concrete ways to improve corporate law enforcement by insisting on more stringent prosecution agreements, ongoing judicial review, and greater transparency.
Author: Simon Springer
Publisher: Routledge
ISBN: 131754966X
Category : Political Science
Languages : en
Pages : 667
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Book Description
Neoliberalism is easily one of the most powerful discourses toemerge within the social sciences in the last two decades, and the number of scholars who write about this dynamic and unfolding process of socio-spatial transformation is astonishing. Even more surprising though is that there has, until now, not been an attempt to provide a wide-ranging volume that engages with the multiple registers in which neoliberalism has evolved. The Routledge Handbook of Neoliberalism seeks to offer a comprehensive overview of the phenomenon of neoliberalism by examining the range of ways that it has been theorized, promoted, critiqued, and put into practice in a variety of geographical locations and institutional frameworks. With contributions from over 50 leading authors working at institutions around the world the volumes seven sections will offer a systematic overview of neoliberalism’s origins, political implications, social tensions, spaces, natures and environments, and aftermaths in addressing ongoing and emerging debates. The volume aims to provide the first comprehensive overview of the field and to advance the established and emergent debates in a field that has grown exponentially over the past two decades, coinciding with the meteoric rise of neoliberalism as a hegemonic ideology, state form, policy and program, and governmentality. It includes a substantive introductory chapter and will serve as an invaluable resource for undergraduates, graduate students, and professional scholars alike.
