petroleum would be between 1.7 and 8.8 million metric tons‚ the majority of which is derived from anthropogenic sources.” Meaning the estimated amount of oil that would be used every year to meet the energy demand.(Leahy and Colwell 1990) Since this prediction‚ the amount actually used each year has grown considerably. Due to this increased use‚ there have been an equal amount of environmental response from increased hydrocarbon concentration. A majority of these responses are focused on marine systems
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significant and not the background‚ culture or family‚ but recognized by the aspects that make individuals who they are. The aspects that make an individual more unique and different to other individuals in society. Factors such as family‚ background or ethnicity are ignored by the Liberal individualist theory‚ but significantly focussed on by communitarianism. In Business ethics‚ Liberal Individualisms is a Rights based theory which focusses on the belief that to be able to have the right‚ an individual is
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In “In Case of Emergency: What Not to Do”‚ Peter S. Goodman discusses major flaws of crisis management‚ utilizing the BP oil spill and Toyota’s acceleration malfunctions as examples. Both BP and Toyota suffered a loss in credibility in the eyes of the American public. While this was largely due to the poor manner in which they handled a global crisis‚ the emergence of specific cultural narratives contributed enormously. In America‚ a corporation can be regarded as credible if it is honest‚ trustworthy
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Oil Spill Mitigation Planning and Monetary Recovery Andrew Fossa Saint Petersburg College Administrative Law Kenneth Afienko Abstract FOSSA A (2012) Saint Petersburg College Oil spill mitigation planning and monetary recovery A small Gulf Coast Community in Florida has requested the implementation of a contingency plan in the event of an oil spill that affects the coast line. This paper discusses the regulations‚ and laws that govern an oil spill and who is responsible for monetary and
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SEMINAR PRESENTATION ON CHEMICAL DISPERSANTS USED IN BIOREMEDIATING OIL SPILLS BY UPORO VICTOR BARIBEFE U2006/5581377 COURSE CODE: ICH 400.2 COURSE TITTLE: UNDERGRADUATE SEMINAR COURSE LECTURER: MR. GODSON IWUOHA SEPTEMBER‚ 2010 Table of Contents CHAPTER 1 1.1 Introduction ...................................................................
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largest oil company in the world with over 92‚000 employees. The company had to face a dark time in its history when on April 20‚ 2010 the Deepwater horizon oil spill occurred. Through 3 major cracks oil spilled into the ocean. Affected by the oil spill were five states; Alabama‚ Louisiana‚ Mississippi‚ Texas and Florida. The disaster was if even comparable much worsted then any environmental disaster the US had to face since the result of the millions of gallons of oil spilt into the Gulf of Mexico
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Overfishing in the Gulf of Mexico In recent years the fish and all the other marine animals that live in the Gulf have been affected by different natural disasters or disasters caused by us humans. For example‚ the most recent natural disaster that affected the lives of many marine animals in the Gulf was Hurricane Katrina in 2005‚ which caused the Gulf Coast entered the United States with lots of water and different types of animals from the gulf. This caused many fish to die and some to even become
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not have protective coverings or shells- Fish larvae‚ single celled algae and many kinds of plankton are vulnerable and these are the basic foundation of the marine food chain. In shallow water these toxic substances may directly kill algae‚ coral and sea grasses. These components may also be passed in the food chain or directly ingested or absorbed through the gills of fish and other larger marine organisms. The effect may be to kill the animal or contaminate its tissues. A thick film of oil on the
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1. The aspects of BP’s ethical culture that could have contributed to the Gulf Coast oil spill disaster include: * The company tried to assure concerned stakeholders that it took environmental concerns seriously‚ but BP’s actions have not always concided with its words. BP has engaged in numerous instances of questionable behavior including fraud‚ environmental‚ and ethical transgressions clearly demonstrate that the company has a history of disregarding the well-being of stakeholders. The
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Gulf Oil Corporation Time lag in reserve use Barrels 3‚038 725 2‚313 End of 1983‚ Gulf reserves (Ex 3) less projected expropriations Estimated reserves 1983 production of 290 barrels suggests it takes about 8 years (2‚313/290) to produce discovered oil. We’ll thus use an eight-year cycle. Gulf Oil Corporation 4 What is Gulf worth? To assess their value we proceed as follows. 1. Identify key assumptions. Finding cost per barrel E&D outlays usually take a year to produce reserves
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