Display:
Bhopal Bottled Water Scares Dow Chemical Execs


London - A new, beautifully-designed line of bottled water - this time not from the melting Alps, nor from faraway, clean-water-deprived Fiji, but rather from the contaminated ground near the site of the 1984 Bhopal catastrophe - scared Dow Chemical's London management team into hiding today.

by paving on Tue Jul 14th, 2009 at 08:40:34 PM EST
[ Parent ]
(Five years ago, the Yes Men impersonated Dow Chemical live on BBC World Television and announced that after 20 years, the company was finally going to clean up its mess in Bhopal. That hoax, which temporarily knocked two billion dollars off Dow's share price, is featured in the Yes Men's new movie, The Yes Men Fix The World, which opens in UK cinemas on August 11.)

Seems like the market values this clean-up at around US$ 2 bn (in 2004 dollars...). Why aren't our market-loving politicians taking a cue from this and taking that amount of money out of Dow to clean up the place ourselves.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Jul 16th, 2009 at 09:37:19 AM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Occasional Series