Thursday, June 10, 2010

A Gesture, Not A Policy

This is a nice gesture

BP Plc on Tuesday said it will donate net revenues from oil recovered from its stricken Gulf of Mexico oil well to restore wildlife habitats on the coastlines of four affected Gulf Coast states.

“BP is committed to protecting the ecosystems and wildlife on the Gulf Coast,” BP Chief Executive Tony Hayward said in a statement.

He said proceeds from the sale of oil recovered from the seven-week-old leak a mile beneath the water’s surface “will be used to further this commitment.”

Not to minimize the effort or the need, but I’ll believe it when I see it, and I seriously doubt that they’re doing it out of the goodness of their hearts. It also would have been nice if they had invested that kind of money in preventing the leak from happening in the first place so that protecting the ecosystems and wildlife wasn’t an afterthought.