Sentences with phrase «increasing liability caps»

Michael Greenstone, a professor of environmental economics at the Massachusetts Institute of Technology, says that removing, or at least significantly increasing liability caps, is the most effective way of synchronizing the interests of the oil industry with that of the public.

The bill is likely to be a broad collection of provisions, including some in response to the gulf spill that would increase the liability caps on oil companies and impose tougher environmental and safety rules on offshore drilling.

Not exact matches

Mr. Mulcair has used polluter pay as a justification for measures like cap - and - trade and more recently for increased vigilance with respect to reclamation liabilities.

They may also face increased potential liability in some no - fault states - for example, an at - fault uninsured driver in Michigan may be liable for all damages to another driver's vehicle, while insured drivers have their liability capped at $ 500.

With a biz CC You are now 100 % liable for fraudulent purchases with no cap (unlimited liability), subject to sudden and sharp interest rate increases, retroactive rate increases, shorter billing cycles, they can pierce the corporate veil to come after your personal assets if you miss payments.