NEW YORK – When BP and its drilling partners caused the Deepwater Horizon oil spill in the Gulf of Mexico in 2010, the United States government demanded that BP finance the cleanup, compensate those who suffered damages, and pay criminal penalties for the violations that led to the disaster. BP has already committed more than $20 billion in remediation and penalties. Based on a settlement last week, BP will now pay the largest criminal penalty in US history – $4.5 billion.
- The ‘Wall Street Journal’ Parade of Climate Lies
- Five Questions for Jeffrey Sachs On Decarbonizing the Economy
- A low-carbon economy by 2050?
- How to decarbonise the global economy
- Stand Up and Be Counted on Climate Change