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- IRELAND oil spill costs £0.5 million: Limerick County Council search for liability
- NORTH SEA gas leak: Total wipeout as cost estimate tops £12 billion
- Oil Spill Costs: Stopping US tax breaks for polluters
- NIGERIA oil spill: Bonga to cost billions
- WASHINGTON OIL SPILL: costing $11 billion every 1000 years?
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Tag Archives: federal
Enbridge oil spill: the low cost of government support
Enbridge took full financial responsibility for the Kalamazoo River oil spill in July 2010 from the moment the oil spill happened, reports suggest. Its bid to ensure “business as usual” (“[Enbridge] made it very clear to [the local government] from … Continue reading
Posted in bp oil, bp oil spill, enbridge oil spill, oil economics, oil spill, Uncategorized
Tagged economics, enbridge, federal, fines, oil, oil spill, slick, spill response, value
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Gulf of Mexico oil spill costing Alabama over one billion dollars annually
New report shows macroeconomic impacts of the Gulf of Mexico oil spill and resulting slick will cost Alabama over $1 billion each year. Economists from CBER at the University of Alabama have examined four scenarios to explore the economic impact … Continue reading
Posted in bp oil, bp oil spill, enbridge oil spill, oil economics, Uncategorized
Tagged alabama, bp, cost, economics, environment, federal, Gulf of Mexico, oil, oil spill, spill, spill response, value
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“Magic hose” oil spill whistleblowers rewarded through fines
News of a serial oil spiller being caught again by a whistleblower – this time using his mobile phone to capture the act – has shone a light on the difficulties inherent in governing maritime activities, especially of the flawed … Continue reading
Posted in bp oil, bp oil spill, egypt oil spill, enbridge oil spill, mumbai oil spill, oil economics, Uncategorized
Tagged economics, environment, federal, fines, oil, oil spill, slick, spill, spill response, US, value
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Fraud rife at Gulf of Mexico oil spill compensation fund
Kenneth Feinberg has publicly admonished greedy individuals and firms who have submitted incomplete, inappropriate and illegal claims to the Gulf of Mexico Oil Spill Compensation Fund. One claim has been referred to the US Justice Department for fraud. Thousands of … Continue reading
Slick cost estimation: fine level to be determined today?
BP’s stubborn attitude has raised suspicion over its incentives to remove the well-cap since it first stemmed the flow of oil two days ago. The New York Times reports Massachusetts Democrat Ed Markey suggesting an ulterior motive – to stop … Continue reading
Posted in bp oil, bp oil spill, oil economics
Tagged bp, cost, disaster, economics, economist, environment, federal, fines, oil, oil spill, slick, slick economist, spill, spill response
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SPILLOVER?: Energy security challenges environmental wisdom
Environmentalists face a dilemma between off-shore drilling and oil sands. Given the global political template to work within, there are elements of either/or. But this is wider than the environment; energy security, politics, economic growth, and heritage all have roles. … Continue reading
Posted in Uncategorized
Tagged bp, cost, economics, environment, federal, oil, oil spill, slick, spill, value
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Slick Politicians: new taxes solving current problems (if they reoccur)
US politicians have spent the last month admitting the Oil Pollution Act provides insufficient incentives to avoid risky oil exploitation and sets liability too low at US75million. To solve this, a new bill that will quadruple the tax on a … Continue reading
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