Clifford Krauss of the New York Times reports on BP’s latest effort to cap the oil leak, called ‘top kill’. He notes the following:
“The consequences for BP are profound: A successful capping of the leaking well could finally begin to mend the company’s brittle image after weeks of failed efforts, and perhaps limit the damage to wildlife and marine life from reaching catastrophic levels.
A failure could mean several months more of leaking oil, devastating economic and environmental impacts across the gulf region, and mounting financial liabilities for the company. BP has already spent an estimated $760 million in fighting the spill, and two relief wells it is drilling as a last resort to seal the well may not be completed until August.”
To read the full, original article click on this link: Blogging Innovation » Should BP crowdsource potential solutions for the Gulf oil spill?
Author: Hutch Carpenter