Displaying items by tag: OntarioDeepwater Horizon & The Real Costs of Oil
The picture remained bleak last week after BP announced the temporary failure of its massive 98-ton containment device at the site of the ruptured MC252 oil well in the Gulf of Mexico. BP had projected that in a best case scenario the device could collect up to 85% of the oil spewing forth from the largest of the three leaks, which began after the explosion of the Deepwater Horizon drilling platform last April 20.
The device had been tested successfully at depths of up to 400 feet, but encountered major hang-ups as it plummeted to a depth of 5,000 feet to the source of the leak. A top BP official noted that it could be at least another two days before engineers find a solution to the problem and are able to attempt a second repair.
The breach in the subterranean pipeline continues to discharge some 210,000 gallons—5,000 barrels—of crude a day into the Gulf waters.
Ontario’s Renewable Energy Initiative to Reward Green Living
The Ontario Power Authority (OPA) is offering renewable energy developers, homeowners, and small businesses an offer they just can’t refuse. Through OPA’s Feed-in Tariff Program (FIT), citizens may now get paid to generate their own renewable energy and help reduce their impact on the environment.
