[Date Prev][Date Next][Date Index]

Re: E-M:/ Dow & 'getting serious'

Dave and the list,

The story of Dow and its dioxin contamination is a prime example of the limitations of regulation.
Regulation is needed to establish standards.
But what corporations like Dow truly understand is money.
In the capital marketplace, with their customers and the diverse communities Dow is part, a broadbased corporate campaign that made Dow bleed financially until they came to the table and fixed this problem is the only thing, in my experience, that will work.

All the nice commercials about "human chemistry" aside, we are in a fight for our future in Michigan.
Corporations -- that refuse to take public responsibility for their actions, that abuse and manipulate the regulatory process to enforce their wishes, that buy and sell political cover and protection, and hide behind the legal designation of the corporation as "an individual" with all the rights of each of us -- need to be held financially accountable. 

If we don't take the actions we need to rectify this chemical obscenity and just say, we tried. We followed the regulatory rules and we tried, then we are in a co-dependent relationship with a bad corporate actor - hoping that next time it will be better.

It will change only if we make it change. 
Dow has no special privilege in the capital markets. And European and other capital investors are increasingly wary of the kind of thuggish liability a corporation like Dow accumulates, when the record is brought to their attention.

It is time for us to hold Dow accountable.

Chris Bedford

Chris Bedford
Center for Economic Security
#6543 Hancock Road
Montague, MI 49437
231-670-4817 (cell)

The Center for Economic Security produces programs, media, and campaigns to build ecological understanding among consumers and to promote ecological intelligence in private and public decisionmaking. 

On Jan 6, 2008, at 12:13 PM, Dave Dempsey wrote:

As the 25th anniversary of the discovery of widespread dioxin releases from Dow's Midland plant approaches, and the battle continues over how to clean up some of the highest dioxin levels found in the Great Lakes system, a local legislator offers the wisdom that the EPA was wrong to terminate negotiations with Dow last week, and needs "to get serious and make something happen here in the Saginaw Valley area."

Maybe EPA has decided that 25 more years of largely futile talking is not going to clean up anything, and the agency will make something happen through more fruitful effort. The Great Lakes hope so.