Outline
Hypothetical Spill Outline- Determine the circumstances of a hypothetical oil spill in support of your final project.
· What type of oil spilled? How do its properties affect clean up?
______________________________________________________________________________
· What circumstances contribute to the amount of oil spilled? Did a pipe burst? A tanker capsize? A Train crash? A container leak? Use this information to imagine the circumstances of the spill and list them.
______________________________________________________________________________
· How will clean up be performed? What methods will be used? Decide what the costs and effects of the clean-up effort are.
______________________________________________________________________________
· Assume that the spill has now been contained, how much oil has spilled? __________________
· Where has your spill occurred? Choose a location currently storing or transporting oil in the US. ___________________________________________________________________
· List 10 potential Environmental Impacts (wildlife, water quality, etc):
______________________________________________________________________________
· List 10 Economic Impacts (Real Estate, recreation, etc): ______________________________________________________________________________
· List at least 3 other impacts (safety, image, etc): ______________________________________________________________________________
· Which of these impacts are externalities? How will you assign value to these? _____________________________________________________________________________
· How will you determine who is responsible for the spill? Who do you choose? Why? _____________________________________________________________________________
· How will you determine the costs? How much did you decide the responsible party must pay? Who else did you determine is responsible?
_____________________________________________________________________________