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BP Funnels Millions into Lobbying to Influence Regulation and Re-Brand Image

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G_j Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-05-10 02:56 PM
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BP Funnels Millions into Lobbying to Influence Regulation and Re-Brand Image
http://www.democracynow.org/2010/5/5/bp_funnels_millions_into_lobbying_to

BP Funnels Millions into Lobbying to Influence Regulation and Re-Brand Image

We speak with Antonia Juhasz, author of The Tyranny of Oil: The World’s Most Powerful Industry – and What We Must Do To Stop It. “The entire oil industry, will continue to use its vast wealth – unequaled by any global industry – to escape regulation, restriction, oversight and enforcement,” Juhasz writes. “BP, now the source of the last two great deadly US oil industry explosions, has shown us that this simply cannot be permitted.” (Includes rush transcript)

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AMY GOODMAN: Our guest, Tyson Slocum, Director of Public Citizen’s Energy Program. He says BP has one of the worst safety records of any oil company operating in America. Joining us from Washington, D.C. before we go down to Louisiana. Tyson, explain why corporate crime isn’t dealt with the same way as common crime, especially when we’re talking about the deaths of workers.

TYSON SLOCUM: I think we have a very weak legal system that inadequately holds corporations accountable. And that, I think, that shows the incredible power that large multinational corporations exercise over our democracy everyday. Last year the Supreme Court in the Citizens United case took it to a very radical step enshrining corporations with the rights of people under the constitutional protections of First Amendment speech rights. but, the Department of Labor has a number of statutes requiring all sorts of regulations for employers to try to protect workers, but the fines and sanctions for failure to adhere to those laws and regulations are incredibly weak. And again, when you’re dealing with a company like BP that makes billions and billions of dollars in profits every quarter, fining them $20 million here, $50 million there just simply is a cost of doing business for the company; and so we as a society need to think about when we’re faced with a corporation like BP that, over the past couple of years, has shown willful disregard for U.S. laws and regulations, fifteen people died at a BP refinery explosion where the company was found to have committed hundreds of violations of workplace safety laws, we have to have permanent sanctions against corporate criminals like this. Weather that’s making managers and top executives criminally responsible for that misconduct or sanctioning the company by revoking its corporate charter or other types of permanent harm to the company. Because, simply issuing a fine is just a slap on the wrist for a giant multinational energy corporation like BP. And if an investigation determines that this tragic oil spill and the deaths of eleven workers from the explosion on April 20th in the Gulf was due to negligence on the part of BP, we cannot tolerate just another fine and another slap on the wrist.

AMY GOODMAN: Do you-

TYSON SLOCUM: We’ve got to take sanctions against this company.

AMY GOODMAN: Do you think the CEO, Tony Hayward, should go to prison?

TYSON SLOCUM: Well, I think that we need to have an investigation to determine if BP was negligent. And if it turns out that BP was negligent and that the CEO was aware of decisions that were made by top management that led to that negligence, then, yes, absolutely. Executives should go to prison if they’re found guilty of negligence that resulted in the deaths of workers.

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http://thinkprogress.org/2010/04/30/bp-greenwashing-drill/


BP’s Greenwashing Masked Dangerous ‘Drill, Baby, Drill’ Reality
Our guest blogger is Rebecca Lefton, a researcher for Progressive Media.

BP’s profits rose an unexpected 135% in the first quarter of 2010 compared with the first quarter the prior year. Yet these were “overshadowed” by the tragic oil spill resulting from an explosion at the Deepwater Horizon oil drilling rig, located 40 miles off the coast of Louisiana. The rig is owned by a Switzerland-based company, Transocean Ltd, and leased to BP (formerly British Petroleum). These companies and Halliburton, whose cementing operations may have caused the explosion—are being sued for negligence.
<snip>

Beyond ‘Beyond Petroleum’ Greenwashing Lies Tar Sands. On April 14, BP “easily beat off challenges to a Canadian oil sands project and to its executive pay policy.” BP rejected a shareholders resolution in opposition to Canadian tar sands production “because it emits more carbon dioxide than traditional oil production, uses more water and involves greater destruction to the landscape.”

BP Quit Climate Action Partnership. “ConocoPhillips, BP and Caterpillar have dropped out of the U.S. Climate Action Partnership (USCAP), the coalition of corporations and environmental groups that has been most prominent in pushing Congress to pass cap-and-trade legislation.”

$16 Million In Lobbying. BP spent $16 million lobbying in 2009.

BP Profiting From Iran — Threatening our National Security. “BP, in a 2009 filing with the Securities and Exchange Commission, said it had interests in and was the operator of two fields and a pipeline located outside Iran in which the National Iranian Oil company had an interest.”

41% Raise For BP’s CEO. “Chief Executive Tony Hayward’s total remuneration and share awards rose 41% in 2009 on performance bonuses from improved operations which made the company one of the best performing oil majors in the fourth quarter, despite lower full-year profits due to the fall in the oil price.”

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YOY Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-05-10 03:21 PM
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1. ...
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rudy23 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-05-10 03:24 PM
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2.  Cleaning up your image is a LOT cheaper than cleaning up the Gulf
This is a no brainer for BP.
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G_j Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 10:47 AM
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3. **
Edited on Fri May-07-10 10:48 AM by G_j
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