The famous Exxon Valdez oil spill of 1989 had a disastrous effect on the local people and wildlife. According to the best estimates, over 250,000 seabirds, 2,800 sea otters, 200 harbor seals, 250 bald eagles, 22 killer whales and billions of salmon and herring eggs suffered and lost their lives. Even four humans died. Further, according to The Atlantic, “many Alaskan beaches remain polluted to this day, crude oil buried just inches below the surface.” And yet, according to economists, it had a net positive impact on the US economy …

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Raj Raghunathan ©2016

Professor Raj Raghunathan’s books


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