|"Only dull people are brilliant at breakfast"
|"The liberal soul shall be made fat, and he that watereth, shall be watered also himself."
-- Proverbs 11:25
Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster.
Mr Hayward, whose pay package is £4 million a year, then paid off the mortgage on his family’s mansion in Kent, which is estimated to be valued at more than £1.2 million.
There is no suggestion that he acted improperly or had prior knowledge that the company was to face the biggest setback in its history.
His decision, however, means he avoided losing more than £423,000 when BP’s share price plunged after the oil spill began six weeks ago.
1) In the worst case discharge scenario (on chart below), an oil leak was expected to come ashore with highest probability in Plaquemines Parish within 30 days (see map above from the Advance Response Plan). This makes it clear that BP could have stored adequate boom there before a rig failure like the Deepwater Horizon, and workers could have been mobilized to apply the boom in the 30 days that the response plan predicted oil would hit our wetlands.
2) Spokespersons were advised never to assure the public that an ecosystem would be back to normal after the worst case scenario, which we are now living through. "No statements shall be made concerning any of the following: promises that property, ecology, or anything else will be restored to normal." Even in BP CEO Tony Hayward's new television commercial his assurance is an ambiguous, "We will make this right," which does not specifically address preserving or restoring America's Wetlands.
3) Corexit oil dispersant toxicity has not been tested on ecosystems, according to the Oil Spill Response Plan. "Ecotoxilogical effects: No toxicity studies have been conducted on this product." It is contradictory that the question and answer section discusses the choice of a dispersant with: "Have environmental tradeoffs of dispersant use indicated that use should be considered? Note: This is one of the more difficult questions" and "Has the overflight to assure that endangered species are not in the application area been conducted?" Brown pelicans and sea turtles would have been the answer to the latter.