Canadian requirements for industry coverage of potential offshore well blowout costs are likely obsolete and “woefully inadequate,” says a report to Parliament that urges a thorough review of damage liability rules.
Obsolete
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EPRI CEO Urges Power Industry Focus on Transformation
At best, the U.S. electricity industry is operating under an obsolete business model, the CEO of the Electric Power Research Institute (EPRI) told a Houston audience last Wednesday. But instead of the back-to-basics strategy now being advocated, it should transform itself for the future, said Kurt Yeager.
November 17, 2003
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