Kinder Morgan Says Oil Spills Can Be Good for the Economy
In a section of the application dedicated to the risks and effects associated with oil tanker traffic and the possibility of oil spills, Kinder Morgan finds that “spills can have both positive and negative effects.” In particular, “spill response and clean-up creates business and employment opportunities for affected communities, regions, and clean-up service providers.”
While it is true that a massive oil spill in the Strait of Georgia likely would create a demand for “clean-up service providers,” an oil company leading off their analysis of the socioeconomic effects of oil spills by pointing to all the jobs that would be created is as absurd as leading off an analysis of the effects of a recession by pointing out it will lead to a boom in demand for repossession service providers.
The report goes on to list a dozen negative effects of oil tanker spills, notably the devastation of fishing stocks, tourist industries, widespread property damage, cultural heritage sites, the “traditional lifestyles” of aboriginal communities and, of course, a significant impact on human health. But far as the economy is concerned, Kinder Morgan wants you to know an oil spill also has a positive side.