Sunday, August 7, 2011

Deregulation and Pollution

Want to know what a world with minimal and lax regulations would look like?  Try this cheery article about the massive oil pollution in Nigeria.  There you have a climate where corporations have free reins\ in a country with little accountability.  The situation in Nigeria was finally brought to London because the Nigeria justice system was not holding corporations accountable.

That'd never happen here, right?....Right?!?

Look, I'm not saying regulation is always the right answer-there has to be a balance and sometimes we'll go too far in one direction or another, which is why it should be an open transparent process with hearings and input from stakeholders.  We should give agencies the authority to determine the reasonable standard, without interference from grandstanding politicos.

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