Thursday, 3 December 2015

Corporate liability is a must

Corporate liability is a must

Bhopal is about our collective shame. It is also about how systems of corporate liability remain grossly inadequate in a world where technology is high-risk and unknown.

The Civil Liability for Nuclear Damages Act 2010 is about who will foot the bill for accidents from such hazardous technologies. Even today, this provision to hold the operator liable for nuclear damage is a bugbear in Indo-US talks. Why?

Why should we not demand that the operator must pay the cost of safety, even if it increases insurance premiums and so, raises the cost of energy that is supplied? If it makes nuclear energy unviable then it only reflects the cost of generation—in real and safe terms. In other words, why should we not demand that if we must continue to use high-risk technologies then we must take on expensive safeguards, even if it makes technology uncompetitive. In the post-Bhopal age, all technologies must pay the real cost of their present and future dangers. Only then will we, as a society, try and understand the risks better. Only then will we, as a society, make better technology choices.

imageMany countries have adopted the principle of absolute liability when it comes to the introduction of genetically modified organisms. The Cartagena Protocol on Biosafety (under the convention on biological diversity) is the world’s first such attempt to hold operators responsible for damage—both from imminent and real threats—from the use of new technology.

More importantly, the issue of corporate liability is crucial, for only then will powerful companies worry about the implications of their actions on tomorrow’s generations. Today, they think of short-term and run-away profits—in chemicals, GM foods, nuclear energy or mining and drilling—in ways where no one (or science) has ever gone. We need tough corporate liability so that companies think twice before they expose us to dangers. Let them fret; we want to sleep in peace.

This is why Bhopal must never be forgotten, indeed must be fixed. Dow Chemical must be held liable for the toxic waste still present in the abandoned factory. It must pay for the plant site’s remediation. It must do this quickly, before toxins spread more poison, travelling through groundwater, into people’s bodies. This is also why Bhopal is not just about Bhopal, but about our collective action to bring justice to the people and do right to the environment across the world.

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