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“Kill Kill Kill This”

https://www.youtube.com/watch?v=TINzvWrtjYI

https://www.youtube.com/watch?v=lyutuErxPo8

Carol Browner, Director of the White House Office of Energy and Climate Change Policy in the United States of America, has been all over the Media, announcing the policy to “kill kill kill this” BP nightmare story, telling the world that a turning milestone point has been reached :-

https://www.noaanews.noaa.gov/stories2010/PDFs/OilBudget_description_%2083final.pdf

Have they decided that BP have been punished enough now for the Gulf of Mexico oil gusher, and the reputation of the company needs to be rehabilitated sharply in order to protect the Economy ?

I made the mistake of taking in a BBC TV news bulletin on the matter. I heard several talking heads say it’s “good news” that roughly three quarters of the accountable oil from the spill has “disappeared” :-


https://www.bbc.co.uk/news/world-us-canada-10870159

Breaking this story is “good news” for the stability of pension funds, maybe. But what is the real extent of the real damage to the real world, the world of oceans and fish and plankton ? Will the world be watching as the researchers scavenge data and clues to the marine ecotastrophe that is still unfolding ?

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Stern Remarks #3 : The Law of Diminishing Energy Returns

Nicholas Stern, and other more bog standard Economists, all seem to believe in the magical power of Innovation. He writes about it in a reverential way in his book “A Blueprint for a Safer Planet”.

Innovation : gleaming, sparkling, wondrous dexterity : if there’s a buck to be made from shaving a saving, or fishing for an efficiency, it is assumed the holy Market Economy will be in there, innovating away.

Or that’s what Economists believe anyway, wholeheartedly, generally, generously, neo-liberally.