Ultra Safe Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

About? >> $50 million a year. but, it's money that is right now being used to subsidize the oil industry to drill in ultra deep waters. as we know, they did not invest in ultra safe technology or to be able to respond ultra fast, if something goes wrong. $50 million a year will be the beginning of a process of saying to industries out there, we are going to have a demand for safety technologies. will you supply us with the technologies? we have to do something because the oil industry itself only, in fact, invests one tenth of 1% into safety research. it begins to process the connection betwee...

Companies had invested in was a xerox machine. and the amount of thought which they put into preparing a response plan was exactly equal to how much mms the federal agency had required them to put in, which was exactly zero. so each one of them figured out that they could pretend that they could drill in ultra deep waters, but they didn't have to have an ultra safe technology or an ultra fast response in the event that something went wrong. and so this is just, unfortunately, the problem that exists because of the cozy cooperation between mms and this incredibly successful oil industry. >> and...

Out, that the only new technology that these oil companies had invested in was a xerox machine. and the amount of thought which they put into preparing a response plan was exactly equal to how much mms the federal agency had required them to put in, which was exactly zero. so each one of them figured out that they could pretend that they could drill in ultra deep waters, but they didn't have to have an ultra safe technology or an ultra fast response in the event that something went wrong. and so this is just, unfortunately, the problem that exists because of the cozy cooperation between mms an...