Posts Tagged "offshore drilling"

Of Oil Spills and Black Holes

Ted Hsu

Update 2 (March 19, 2013): I was recently asked to discuss this issue with the Blacklock’s Reporter Digest, you can read my comments from that interview here.  Update (March 1, 2013): After I posted this blog, issuing a press release as…

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Reducing taxpayer liability for offshore drilling and nuclear accidents

Ted Hsu

Canadian taxpayers may not realize it, but we are all collectively liable for billions of dollars in damages in the event of a major oil spill or a terrible accident at a nuclear power plant. http://youtu.be/SEqfJQYd5mw (link to video of my…

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Committing to the polluter-pay principle – I applaud Minister Joe Oliver.

Ted Hsu

Last week, the Harper government said that it will be raising the liability cap for offshore oil drilling. This is the maximum amount that a company drilling offshore need be liable for in an accident. (they could be liable for…

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