I'm sure you've been reading and hearing many accounts of the ongoing BP crisis. However, one I read recently does a particularly good job of assessing the company's troubles and recommends how investors should respond.

Writers Mark Tulay, founder of Sustainability Risk Advisors, and Stephen Viederman, a strategic advisor to the Christopher Reynolds Foundation, maintain the explosion at BP's Deepwater Horizon rig that led to 11 deaths and the worst oil spill in U.S. history was "a predictable surprise." Although BP was an early leader on climate change, they say, it also is the most heavily fined energy company in the U.S. Do a search on "BP environmental record," and you'll see that the seeds for this disaster and the devastation that has followed were planted years ago.

The steps that Tulay and Viederman lay out for investors to take in response to the BP crisis make a lot of sense. You too can read what they have to say by clicking here.