
Now we have a massive oil leakage into the Gulf of Mexico that is said to be costing $6 billion a day for British Petroleum to clean up as it threatens wildlife, fishing industries and the Florida tourist. And Barack Obama quite rightly says that whilst America will use all its available resources in the clean up, the total cost must fall to BP. BP are anxious to make it clear that the leakage was not wholly their fault although they do apparently accept at this stage the costs of the cleanup. I suspect that in the long run lawyers will be the main beneficiaries financially. And shareholders who pile in to the shares at their post leakage plummeted price will also gain financially! And those current shareholders who panic at the loss in value of their shares and pile out at the bottom will lose money - quite a lot of money. But at the end of the day what does that money matter?! The animal kingdom has to be far and away the greatest loser, and that includes not only brown pelican chicks oyster beds, tuna and much much more. And also Homo Sapiens. When are we going to wake up, and see what this awful catastrophy is showing us? How many of these disasters must happen before we realise that our greed for oil at any price is threatening our very existence, threatening our ever more precarious position in the global ecology.

Simon Barnes in the Times a couple of days ago has said it all: "Our addiction to oil is madness - it is time to act."
and another insightful article Spill Baby Spill.
What do YOU think?
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