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'Worst Case' BP Ruling on Spill Means Billions More in Fines

2014-09-04 23:28:28| Oil & Gas - Topix.net

BP Plc faces billions more in potential penalties after a judge found it acted with gross negligence in the 2010 Gulf of Mexico oil spill, dealing a blow to the company's efforts to expand its drilling program as costs rise and production slips. In a turning point after four years of legal wrangling over responsibility, U.S. District Judge Carl Barbier's ruling laid the bulk of the blame on BP for the explosion, which killed 11 men and caused the largest offshore oil spill in U.S. history.

Tags: case means worst fines

 

Judge's ruling on Gulf oil spill could cost BP billions

2014-09-04 18:03:14| Oil & Gas - Topix.net

U.S. District Judge Carl Barbier's ruling today could nearly quadruple the amount of civil penalties for polluting the Gulf of Mexico with oil from BP's Macondo well in 2010. Barbier presided over a trial in 2013 to apportion blame for the spill that spewed oil from April 20 to mid-July 2010.

Tags: cost oil gulf ruling

 
 

Carbon-cutting policies could save billions in healthcare costs

2014-08-25 17:33:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Efforts launched to curb greenhouse gas emissions could pay for themselves, according to a new study investigating the potential healthcare savings of reductions in pollution. It is already widely accepted by scientists that carbon-cutting policies, introduced primarily to mitigate climate change, can have positive impacts on human health. Experts have suggested that a reduction in harmful air pollution would cut the rates of conditions such as asthma and other health problems, possibly including...

Tags: save costs policies healthcare

 

State: Torrential Storm Forced Billions Of Gallons Of Raw Sewage Into Lakes, Rivers, Streams

2014-08-23 23:16:05| Waste Management - Topix.net

State officials say billions of gallons of raw and partially treated sewage was dumped in Detroit area rivers and streams after flooding from heavy rains earlier this month.

Tags: state raw forced storm

 

U.S., Private Sector Commit Billions to African Electric Power

2014-08-19 19:02:17| ENR.com: Headline News

Leaders from Africa and U.S. meet in Washington to discuss plan for expanding power to more African businesses and homes.

Tags: power private sector electric

 

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