9 years ago
1
BP bid to reduce spill fine rejected
BP has lost its bid to reduce the maximum civil fine of $13.7bn (£8.9bn) it could face for its role in the 2010 Gulf of Mexico oil spill. A US judge rejected BP's appeal to pay a cap of $3,000 per barrel under the country's Clean Water Act. Government prosecutors claim the firm is liable to pay $4,300 per barrel spilled to account for inflation. The court has yet to decide the amount of responsibility and final penalty the firm will pay for the disaster.
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I hope they are forced to pay the full costs for all their wrongdoings. Companies have got to stop being allowed to put their profits before the environment, and people living within said environments. It's morally wrong and reprehensible for them to be continually allowed to bend the law .