With the huge oil disaster in the Gulf of Mexico still fighting for column inches with the FIFA World Cup in most parts of the world, it still remains a highly emotive subject in the country where it is having the most devastating impact. The Gulf states of the US are reeling under the blow to their economy, environment and way of life with an understandable backlash now both in the media and in Washington towards the oil industry and in particular, BP.
With this public maelstrom directed at the hapless BP, a leading energy attorney, Greg Chaffee has stated that the disaster will inevitably lead to more investments in green energy. Chaffee who practices at Morris Manning & Martin and also acts as the chairman of the MMM Green Industry Practice stated that,
“This is more evidence that the Gulf spill disaster has become a wakeup call for a nation that remains firmly addicted to oil.”
With specific reference to BP, Chaffee added,
“Not only should the federal government hold BP accountable for its errors and misjudgments leading up to the disaster, the federal government is now positioned more than ever to be the catalyst for funding research and development on alternative fuels.”
The Obama administration has already given its commitment to leading the way in green technologies with other leading countries such as China giving backing to funding in renewable energy sources. Chaffee however believes that what is really needed is not government legislation but a root change in the culture of the public.
“If we do not mobilize our resources now to concentrate on our energy future, we will be missing a key opportunity to positively re-shape the economic and environmental future of our nation. Weaning ourselves from our addiction to oil does not begin at the White House. It begins at home.
Each decision we make daily – from the cars we drive, to the containers in which we store our food, to how high we set the thermostat has an impact on our demand for oil. It’s that demand which led us to drill a mile beneath the ocean floor in the Gulf of Mexico.”