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In practice the entity which actually spills the toxic waste conveniently has no assets to recover. See many many historical cases of US vs. Cult of The Invisi
by thrownaway2424 11y ago
In practice the entity which actually spills the toxic waste conveniently has no assets to recover. See many many historical cases of US vs. Cult of The Invisible Hand, Incorporated cases since the 80s. You need federal-government-scale investigation and prosecution resources to go after the money behind the shell companies. Also it's quite possible for anyone to cause an ecological catastrophe far beyond their ability to recompense.
- AnthonyMouse 11y agoThere is a dead simple solution to this which we've known about forever. Require companies that drill for oil to carry adequate insurance.