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BAD BUSINESS IN THE ARCTIC: How Oil and Corruption Have Become So Closely Linked

Business  (tags: destruction, ecosystems, business, Arctic exploration, Bad Business, oil companies, dishonesty, environment, ethics, corporate, corruption, oil, politics, society, SustainableDevelopment, world, usa, finance )

- 1832 days ago -
As a new oil-fever gathers pace in Arctic countries such as Greenland the lesson from history is that where there is oil, corruption will quickly follow. Eifion Rees reports

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JM A. (176)
Wednesday October 19, 2011, 7:59 pm

Carol H. (229)
Wednesday October 19, 2011, 8:00 pm
sadly noted, thanks Cal

Susanne R. (237)
Wednesday October 19, 2011, 10:34 pm
The potential to make a lot of money + corruption go hand-in-hand. Big oil doesn't have a conscience. I wouldn't expect anything less...

Past Member (0)
Thursday October 20, 2011, 3:44 am
Greed will destroy this planet.

"Only after the last tree has been cut down, only after the last river has been poisoned, only after the last fish has been caught, only then will you find that money cannot be eaten."

-- Cree Indian Prophecy

Alexandra Rodda (180)
Thursday October 20, 2011, 4:45 am
I sometimes despair about the amount of stupidity in the world. We have Global warming that will destroy us, but now we are really scrambling for oil and the devil may take the consequences. Corruption is just the icing on the cake.

Bill Eagle (40)
Thursday October 20, 2011, 2:51 pm
We sadly take all of this corruption for granted. We should be horrified and our elected officials should be as well.

Nelson Baker (0)
Thursday October 20, 2011, 3:41 pm
Oil companies have the money to buy any politician, judge or head of government agency they want to do their bidding.

Carmen S. (617)
Sunday October 23, 2011, 1:50 pm
This is so sad, when will people learn?

Nancy C. (807)
Monday October 24, 2011, 8:18 am
And to add to the frackin' ,friggin' ,well testin'frustration: "There is no obligation on companies to declare what they pay foreign governments for access to oil and governments donít have to make the contracts public."
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