Authors:

  • David Drake

Excerpt

Ignore, Avoid, Abandon, and Embrace: What Drives Firm Responses to Environmental Regulation? David F. Drake, 2015, Paper. "In April, 2010, about 40 miles off the Louisiana coast in an area called the Macondo Prospect, the Deepwater Horizon drilling rig exploded. The blast claimed the lives of 11 workers and hemorrhaged an estimated 3.2 million barrels of oil into the Gulf of Mexico, causing significant damage to the Gulf’s environment and economy (Crooks January 18, 2015). The disaster at the Deepwater Horizon offshore oil rig is well-documented. What is not as well-known is that 20 years prior to the Deepwater Horizon..." Link