BP says it has failed to reach a settlement in advance of next week's civil trial on the Deepwater Horizon accident and is ready to defend itself vigorously against allegations of gross negligence in the U.S.'s biggest environmental disaster.
Rupert Bondy, the group's general counsel, said in a statement Tuesday that settlement demands were "not based on reality or the merits of the case."
Billions are at stake in the Feb. 25 trial in New Orleans to determine BP's civil liability. BP already agreed to a $4.5 billion settlement of federal criminal charges.
Originally published on Wed January 30, 2013 10:27 am
Huge civil penalties looming for BP.
BP has agreed to a $4 billion settlement of a criminal case filed by the Justice Department over the 2010 oil spill in the Gulf of Mexico. A pending civil case could cost tens of billions of dollars more in penalties.
Originally published on Tue January 29, 2013 2:03 pm
A federal judge has approved a guilty plea by BP to manslaughter charges in connection with the 2010 Gulf oil spill.
The approved deal includes a record $4 billion in criminal penalties.
Eleven workers on the Deep Water Horizon rig died in the April 2010 explosion. BP pleaded guilty to manslaughter charges for those deaths and to lying to Congress about the amount of the oil spilling out into the Gulf of Mexico.
The state-affiliated Water Institute, founded in 2011, touts itself as an independent organization that’s bringing the best scientists in the nation together to conduct research and recommend policies to the state on how to preserve the eroding coast.
Originally published on Thu January 24, 2013 12:19 pm
There's a quick, one-word explanation for why the federal government started selling flood insurance: Betsy.
Hurricane Betsy, which struck the Gulf Coast in 1965, became known as billion-dollar Betsy. Homes were ruined. Water up to the roofs. People paddling around streets in boats. Massive damage.
This would be the time when you'd expect people to be pulling out their flood insurance policies. But flood insurance was hard to come by. You could get fire insurance, theft insurance, car insurance, life insurance. Not flood.
Originally published on Fri January 18, 2013 9:06 pm
Retirees flock to Florida — and the Sunshine State even has a retirement home for chimpanzees.
There, chimps live in small groups on a dozen man-made islands. Each 3-acre grassy island has palm trees and climbing structures, and is surrounded by a moat.
This is Save the Chimps, the world's biggest sanctuary for chimps formerly used in research experiments or the entertainment industry, or as pets. The chimps living here — 266 of them — range in age from 6 years old to over 50. And as sanctuary Director Jen Feuerstein drives around in a golf cart, she recognizes each one.
Originally published on Fri January 18, 2013 8:11 am
The House of Representatives passed a bill this week to spend $50 billion to help states struck by Hurricane Sandy. The action comes more than two months after the storm, and the measure now goes to the Senate.
Originally published on Fri January 18, 2013 6:16 am
The Department of the Interior is huge — more than 70,000 employees manage a half-billion acres of public land, mostly in the West. The department does everything from operate national parks to administer Native American social programs and manage wild horses.