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1、1LessonOneSpillonomics:UnderestimatingRisk2CatalogueBackgroundInformationWarm-upQuestionsMainIdeaLanguagePointsDifficultSentencesKeystotheExercises3DavidLeonhardtisaneconomicsjournalistwithTheNewYorkTimes.HejoinedTheTimesin1999andwritesboththe“EconomicsScene”columnandfortheTime
2、sSundayMagazine.BeforecomingtoTheTimes,hewroteforBusinessWeekandTheWashingtonPost.InAprilBackgroundInformation42011hewasawardedaPulitzerPrizeinthe“Commentary”categoryfor“hisgracefulpenetrationofAmerica’scomplicatedeconomicquestions,fromthefederalbudgetdeficittohealthcarereform”
3、.BackgroundInformation5DeepwaterHorizonisthenamegiventoanultra-deepocean-drillingoperationthatwaslocatedabout250milessouthwestofHouston,Texas,inGulfofMexico.Thedrillingextendedfromaplatformontheoceansurface,downabout4,000feet(about1.2Km)totheoceanfloor,andthenanother31,000feetB
4、ackgroundInformation6(about9.3Km)belowtheoceanfloorintothecrudeoildeposit.Itwasthedeepestwellofitstypeeverdrilled.In2010,worldwide,DeepwaterHorizonwasthelargestofabout200suchplatformscapableofdrillinginwatersamiledeep(1.6Km)ormore.BackgroundInformation7BPOilSpillintheGulfofMexi
5、coTuesday,April20.Newsbrokethatanexplosionoccurredat11p.m.ESTonBP’sDeepwaterHorizonoilrigintheGulfofMexico,52milessoutheastoftheLouisianaportofVenice.BackgroundInformation8ExplosionBackgroundInformationAccordingtotheCoastGuard,11to15crewmemberswerereportedmissing,ofthetotal126w
6、orkersaboardtherigatthetimeoftheblast.Therigwasdrilling,butnotinproduction.DeepwaterHorizonoilrig9BackgroundInformationPresstheiconontherightandwatchObama:BPagreestopay10TheOilPollutionAct(石油污染法)waspassedbythe101stUnitedStatesCongress,andsignedbyPresidentGeorgeH.W.Bush,tomitiga
7、teandpreventcivilliabilityfromthefutureoilspillsoffthecoastoftheUnitedStates.BackgroundInformation11Thelawstatedthatcompaniesmusthavea“plantopreventspillsthatmayoccur”andhavea“detailedcontainmentandcleanupplan”foroilspills.BackgroundInformation12WallStreet–acollectivenameforthe
8、majorU.S.financialinterests(banks,insurancecompanies,i