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Old 21st Mar 2019, 20:37
  #17 (permalink)  
SLF3
 
Join Date: May 2000
Location: London, UK
Posts: 391
Received 7 Likes on 4 Posts
The key is the regulator. If the designers and operators are genuinely scared of the regulator, and if the regulator is competent and independent, all will be well.

in the UK and Norway the oil companies are terrified of the regulators, because they know they will shut you down in a heart beat, the risk of being caught is high, and the consequences of being shut down are material.

its not perfect. But the moment the regulator confuses supporting the industry with policing it, and loses its teeth, it’s just a question of time.

Grenfell Tower is a good example. So is Fukushima.
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