Rafael Moure Eraso's editorial is heavy on Federal Regulation and Supervision for Chemical sites where the public is in great danger by either by explosion or contamination. The problem comes from bureaucrats not having skin in the game and then easily swayed by local business interests pushing back. Unfortunately the pushback allows sloppy operators who put the public at risk and who then disappear when it is time to compensate victims.
The best case local solution is for municipalities to determine the public risk and require these operations to obtain a bond covering the full possible liability. This would give an outside interest, the insurance company, the incentive to carefully audit the company they are bonding. With capital reserves at risk these companies will eliminate the sloppy operators without the need for arcane expertise by government officials, something that the private sector can always outflank government with, and keep a pot of gold to compensate the public in case something does go wrong.
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