Owl 69/70/75
Just an old rugby coach
Posts: 80,843
Joined: Sep 2005
Reputation: 3211
I Root For: RiceBathChelsea
Location: Montgomery, TX
|
RE: Can Obama overcome his inept energy policy?
(02-20-2012 01:03 PM)HuskieFan84 Wrote: Who is going to hold them to these more stringent standards that you support? Who is going to do this regulation? Clearly consumers aren't.. so what's your alternative solution?
Two places:
1) Government, actually. You can have stricter substantive standards at the same time you have less complicated procedures. Norway has far stricter standards on offshore drilling, but you can get a well approved in about 1/10 the time becuase the procedures are streamlined. Companies would rather drill in the Norwegian North Sea and pay extra to comply with the stricter standards because being able to get results with more speed and certainty is a bigger consideration. More complicated procedures exist not to protect the environment or endangered species or the planet, but rather to protect the jobs of environmental lawyers, consultants, and bureaucrats.
2) The private sector, if we create property rights which make it easier to sue polluters. There is no doubt that such a system would impose tougher standards than what we have now.
|
|
02-20-2012 06:56 PM |
|