Tag Archive: Government


BP Spill Plugged, to Cost $10bn

‘British Petroleum’s bill for containing and cleaning up the oil spill has reached almost $10bn (£6.4bn), as the US government declared that the blown-out well has finally been plugged, five months after the explosion on the Deepwater Horizon rig.

BP also said payouts to people affected by the spill such as fishermen, hoteliers and retailers had dramatically increased since it handed over authority for dispensing funds to a White House appointee.

BP has set up a $20bn compensation fund, which has so far paid out 19,000 claims totalling more than $240m.

The oil company previously paid out about $3.5m a day in compensation, but this has risen to $12.5m a day since Feinberg took over.’

What great official news! British Petroleum, the government and all other officials agree that the well is finally done spilling- for good. BP’s cleanup costs are huge though, and there are definitely going to be many fair trials. The legal costs are going to be higher because of BP’s huge negligence to the environment and everything.

But realize, just for a second, what a huge number 10 billion dollars is, and the fact that there will be much, much more in fines to the oil giant over the next decade. That’s how long it takes for legal proceedings to do with environmental disasters to get completed.

Advertisements

‘At least 18 people were killed in Guatemala on Saturday, including a dozen on a bus that was buried in a landslide, as heavy rains lashed the Central American nation and southern Mexico. A dozen people died when the bus they were traveling on was suddenly engulfed by mud around 8 a.m. on the Inter-American highway 50 miles outside of the Guatemalan capital, emergency workers said. Another six people were killed in separate incidents, Guatemalan President Alvaro Colom told reporters.’ -Reuters

These deadly floods look to continue to rage through Guatemala and may head further into Mexico, according to local weather stations.

So many deaths are disappointing to see as we continue to see death around Central America, especially from flooding and earthquakes, etc. The country’s emergency services are going to need to kick in soon and start working quick. We, like the author of the original article, need to be anthropocentric as well as technocentric, using technology to solve our problems while still caring for the environment AND people.

UPDATE: We now have sources claiming the death toll may be up to 36. I literally just refreshed the page and now they’re saying it’s 37. Government rescue services are going to have to act quickly as the death toll increases and as many as 100 lives are claimed.