Climate Quote by Sheldon Whitehouse
“We've seen too often what happens when wealthy and powerful industries gain excessive influence over the agencies that regulate them. The capture of the Minerals Management Service at the Department of Interior contributed to the oil spill in the Gulf of Mexico in 2010.”
About This Quote
Source Congressional Testimony, 2010
He points out that industry capture of regulatory agencies led to the 2010 Gulf oil spill.
In simple terms: Industry influence caused regulatory failure and disaster.
Guard against regulatory capture.
Themes
Mood
Type
When to use this quote
- policy reform
- public oversight
- corporate ethics
Key Concepts
Questions to Reflect On
- How can transparency be increased in agencies?
- What safeguards prevent capture?
Complex politics may impede reforms.