4 ms·
#1 On the whole these wells are net positive. #2 It's the government capping BP's liability. Not a libertarian, but please.
by mynameishere 16y ago
#1 On the whole these wells are net positive.
#2 It's the government capping BP's liability.
Not a libertarian, but please.
- anigbrowl 16y agoAgree with #1. but on #2, that $75m liability cap is a crock - it only applies in cases where there has no been gross negligence or willful misconduct. If it can be shown that BP lied to the MMS or created the situation by failure to comply with regulations (even if they started complying once they realized they had trouble), then the limit doesn't apply. See http://www.law.cornell.edu/uscode/html/uscode33/usc_sec_33_00002704----000-.html http://www.law.cornell.edu/uscode/html/uscode33/usc_sec_33_0... subsection c.