I apologize to DbC readers. At the height of the Macondo Prospect blowout in the Gulf of Mexico, I said the following about the idea that President Zerobama would start listening to sanity about energy and ecology. “Nothing,” I then predicted, “could be more threatening to the continuance of corporate capitalism. There will be much hand-wringing, a few monkey trials, and another toughening of the regulations. Then deep-water drilling will resume in full. Nothing else is possible, barring a major social upheaval.”
Mea culpa: There have been neither monkey trials nor major new rules. And the partial pause lasted 15, not 6, months. Until yesterday, when the pre-Horizon Deepwater course was re-adopted:
The sales off Alaska, where native groups and environmentalists have objected to drilling, would be the first since 2008. And they would [include the] Chukchi and Beaufort Seas, which Interior officials called a “frontier” for drilling.
In the western and central Gulf,…the proposal puts all unleased acreage up for sale.
By the way, the semi-major social upheaval going on has been essentially silent about energy and ecology.