Corporate Recklessness and Our Future

By Carl Pope

The decision by the Obama administration to reopen federal drilling leases in the Gulf of Mexico to BP opens an interesting window into a fundamental question: What does it mean to hold a corporation accountable and responsible?

The administration justified the decision by asserting that it had put in place oversight mechanisms for BP, which, according to the New York Times, “must comply with specific ethics, corporate governance and safety procedures. There will be risk assessments, a code of conduct for officers and ‘zero tolerance’ for retaliation against whistle-blowing employees or contractors.”

BP promptly grabbed its …read more

Source: Huffington Post Green