The video Tony Hayward, CEO of BP, DOESN'T want you to see — Transcript

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1. 0:04I were to ask you what you thought the
2. 0:06environmental impact of this bill is
3. 0:08going to be what would you say what
4. 0:10would your assessment be now this this
5. 0:11is clearly an environmental catastrophe
6. 0:13there is no two ways about it uh and all
7. 0:17I would say is that in terms of the
8. 0:19estimates the initial rate was a
9. 0:21government estimate these rates are a
10. 0:23government estimate but you're you're
11. 0:26upping your assessment now to
12. 0:27environmental
13. 0:28catastrophe it's clear I mean it is
14. 0:31clear that we are dealing with a very
15. 0:34significant
16. 0:36environmental crisis and
17. 0:43catastrophe I think the environmental
18. 0:45impact of This Disaster is like to have
19. 0:46been very very modest it's impossible to
20. 0:49say and we will Mount as part of the
21. 0:52aftermath a very
22. 0:54detailed environmental assessment as we
23. 0:57go forward we're going to do that with
24. 1:00some of the science institutions in the
25. 1:02uh in the US but all everything we can
26. 1:05see at the moment suggests that the
27. 1:07overall environmental impact of this
28. 1:09will be very very modest uh the reality
29. 1:12is that the extent of the cooperation
30. 1:14that is taking place between ourselves
31. 1:17and all of the federal agencies I think
32. 1:20will be seen as a textbook example of
33. 1:22how to do an emergency
34. 1:28response but according to the
35. 1:30occupational safe and safety and health
36. 1:32administration their statistics show
37. 1:34that BP has had hundreds of safety
38. 1:36violations in the past three years at
39. 1:38its refineries OSHA is proposing $87
40. 1:41million in fines against BP that's a
41. 1:44record and the deputy assistant
42. 1:45Secretary of Labor for OSHA Jordan barab
43. 1:48says that BP has a quote systemic safety
44. 1:52problem all I can say is since I've been
45. 1:54in this job three for three years I have
46. 1:56focused remorselessly on safe and
47. 1:59reliable operation we've made
48. 2:00significant organizational changes
49. 2:03changes to our processes changes to
50. 2:05people and changes to our
51. 2:08culture and of course you can never do
52. 2:16enough uh we failed to recognize we're
53. 2:18an operating company we had too many
54. 2:20people that did not understand what it
55. 2:23took to run operations we had too many
56. 2:26shallow generalists people who knew a
57. 2:29lot about not very much but not a lot
58. 2:32about specific
59. 2:33areas we had too many people that were
60. 2:36working to save the world we sort of
61. 2:38lost track of the fact that our primary
62. 2:41purpose in life is to create value for
63. 2:43our shareholders how you do that you
64. 2:45need to take care of the world but our
65. 2:47primary purpose in life was not to save
66. 2:49the world