Monday, June 7, 2010

Sounds like a maneuver of the Republican Communist Party

"In a little-noticed provision in a 1990 law passed after the Exxon Valdez spill, Congress capped a spiller’s liability over and above cleanup costs at $75 million for a rig spill. Even if the economic damages — to tourism, fishing and the like — stretch into the billions, the responsible party is on the hook for only $75 million."

Tim Haab has the details.

1 comment:

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