Now this must be nice..

Court slashes judgment in Exxon Valdez disaster

Exxon by law needed to put money aside for this award years ago while it was in the court system... and just how much did they make while it was setting there?

So now 15,000 over what 18 years? is how much?


Long live our new system of government.!!!!

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Fear the Government

Windfall Profit Windfall Profit !!!!!

This is good news...

How is this good news?

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Fear the Government

How is it not?

Have the worst oil spill in U.S. history, along with "The environmental disaster led to the deaths of hundreds of thousands of seabirds and marine animals." and how many people put out of work for YEARS....

Just how is all of this good news?

Or is it Screw the people and get away with it good news?

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Fear the Government

lets see...

they cleaned it up...
who was out of work ?

this was punative damage, not actual. actual damages were already paid.

relax folks.

They should have that tallied as to what folks would have earned if the spill had not occurred etc.

The award was to big because, like it or not, its meant as a punishment since it was never proven exxon acted with malice. I think they should be made to pay for every single dollar that region lost and every single dollar necessary to resurrect the area etc. for sure.

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We few, we happy few, we band of brothers;
For he to-day that sheds his blood with me
Shall be my brother; be he ne'er so vile....

There is still oil on the beachs, not all of it was cleaned up.

Not all of the fisherman where able to get on to work for the clean up, then when the clean up was "finished" it has taken years and still continues for the fish to come back to pre spill numbers.

Actual damages are one thing, but the lost income because of the actions of a company.

Best hope that a corp in your area does not do something like what Exxon did here or you too will have the same out come.

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Fear the Government

they did. google kepone.

The problem is that there was a large chorus of people at the time who cried that Exxon should be fined out of business. That would've been supremely stupid.

The award was far too large, and it's good to see smart and reasonable people saw it that way...

it is good news from the standpoint of all those who love the idea that oil companies deserve every chance thay can get to make a profit...

to hell with the environment... who needs it?

to hell with the workers, who cares about them, certainly not the oil company execs...

birds? they're just birds... to hell with them, too...

the oil companies NEED to be able to rake in billions and billions and billions of dollars...

they're not in business to give any of it back just because they made a mistake...

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I cannot teach anybody anything, I can only make them think.
~~ Socrates

Video of of the people who don't like the decision...

then what about this ?The Exxon Valdez Oil Spill: How Much Oil Remains?

Just more food for thought.

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Fear the Government

What about it?

This, from the piece you linked to:

The possibility of continuing low level chronic effects of the Exxon Valdez oil spill seem very real now, although measurable population effects would be very difficult to detect in wild populations.

So they say that the possibility seems very real, but then admit that it would be very difficult to test for.

Should we be willing to fine Exxon into oblivion on the possibility that something might happen?