Sentences with phrase «oil spill liability»

There may be money available through the Oil Spill Liability Trust Fund to provide compensation for those who have directly or indirectly suffered economic loss.
Out of the OPA, the Oil Spill Liability Trust Fund was established to provide compensation to those suffering injuries or property damage due to an oil spill.
«The great irony of this tragic spill in Arkansas is that the transport of tar sands oil through pipelines in the US is exempt from payments into the Oil Spill Liability Trust Fund.
The tax goes into the Oil Spill Liability Trust Fund, which provides emergency funds for oil spill cleanup and claims.
With so much of this oil crossing the United States via pipeline and rail, there is considerable risk of spills and it is not right that they are able to avoid these oil spill liability trust fund fees.
While I think there is legitimate cause for concern as to whether Exxon really will pay for the damage they have caused (Ben Jervey has a good post on this point), the broader concern is that this 1980 law is currently allowing oil companies shipping tar sands oil to get away without contributing to the Oil Spill Liability Trust Fund.
According to Congress and the IRS, diluted bitumen or dilbit, which is the type of oil that has spilled in Arkansas, is not classified as oil and companies shipping it are not required to pay an 8 - cents - per - barrel excise tax into the federal Oil Spill Liability Trust Fund, as companies shipping conventional oil do.
The act set up a structure for oil spill response (mostly, local fishermen trained to respond to oil spills by using air quality equipment, booms, and skimmers) and an Oil Spill Liability Trust Fund, which can provide up to $ 1 billion worth of cleanup for any «oil liability incident.»
This briefing finds that the transport of tar sands oil through pipelines in the United States is exempt from payments into the Oil Spill Liability Trust Fund, which creates a free ride worth over $ 375 million to tar sands oil producers between 2010 and 2017.
According to federal legislation from 1980, dilbit is not considered to be crude oil and is exempt from an 8 - cent - per - barrel tax that helps to support the Oil Spill Liability Trust Fund tapped during spill emergencies.
According to a thirty - year - old law in the US, diluted bitumen coming from the Alberta tar sands is not classified as oil, meaning pipeline operators planning to transport tar sands crude across the United States are exempt from paying into the federal Oil Spill Liability Trust Fund.
This was first brought to light by Oil Change International (and soon echoed by Ryan Koronowski on Climate Progress and then by Carol Linnitt on DeSmog Canada), all of whom explained the bizarre technicality that exempts dilbit (or diluted bitumen, the transportable form of tar sands crude) from the taxes that fund the Oil Spill Liability Trust Fund.
According to a thirty - year - old law in the US, diluted bitumen coming from the Alberta tar sands is not classified as oil, meaning pipeline operators planning to transport the corrosive substance across the US — with proposed pipelines like the Keystone XL — are exempt from paying into the federal Oil Spill Liability Trust Fund.
At least one congressional proposal, in fact, would have channelled the resulting revenue into a highway trust rather than the oil spill liability fund.
At first glance, the one most likely to generate controversy relates to oil spill liability.

Not exact matches

The cap: The federal Marine Liability Act (MLA) limits ship - owners» liability for oil spills based on a vessel'sLiability Act (MLA) limits ship - owners» liability for oil spills based on a vessel'sliability for oil spills based on a vessel's tonnage.
Kinder Morgan bears no liability for oil spills originating from a tanker that docks at its oil terminus, but this too should be changed, requiring the pipeline operator to share the liability as long as the tanker is in Canadian waters.
In the event of an accident, Kinder Morgan has pledged to do no more than comply with federal laws, which stipulate that operators of a major oil pipeline in this country must have a minimum of $ 1 billion in financial resources available to cover liabilities related to a land spill.
Gagosian recalls McNutt's tirelessness during the 2010 Deepwater Horizon oil spill; she headed up the Flow Rate Technical Group, whose estimates of the flow of oil from the spill ultimately helped determine BP's liability.
In their report, the MPs called for the UK government to use its observer status at the Arctic Council, a federation of the eight Arctic nations, to push for a ban on offshore oil exploitation — at least until we have the technology and institutions in place to contain oil spills in the Arctic, and a liability scheme so companies can prove they can bear clean - up costs.
that aimed to spin away some of the criticism they have been facing in the aftermath of this spill, including claiming that the oil is conventional crude, not tar sands oil and that they are not benefiting from the Oil Liability Trust Fund loophole that exempts tar sands ooil is conventional crude, not tar sands oil and that they are not benefiting from the Oil Liability Trust Fund loophole that exempts tar sands ooil and that they are not benefiting from the Oil Liability Trust Fund loophole that exempts tar sands oOil Liability Trust Fund loophole that exempts tar sands oiloil.
Core also documented oil - pipeline spills that had not been cleaned up in Ontario, Manitoba and the Northwest Territories, and provided evidence that the National Energy Board has left the industry off the hook for multibillion - dollar abandonment liabilities on 70,000 kilometers of federally - regulated pipelines.
The scaled - back bill, which is far weaker than the climate and energy bill passed by the House last year, includes offshore drilling reforms, among them the removal of the $ 75 million liability cap for oil companies when it comes to oil spills.
Two Senate committees separately approved bills that would strengthen the government's regulation of offshore drilling, require oil companies to be better prepared to cope with a spill, and lift federal spill - related economic liability limits.
Thankfully, such a bill — one that requires deep water drilling be better regulated, demands oil companies employ more preventative measures and have thorough response plans, and eliminates the «liability cap» on how much those companies must pay in damages when they cause a spill — is advancing in the Senate.
Shell Accepts Liability For Nigerian Oil Spills For First Time - Region Will Take 30 Years To Clean Up
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.
Let's see what they have been up to: Texas product liability firm, Hissy Kientz LLP, added a new key practice area to its main website, on lawsuits by the cleanup workers of the BP oil spill.
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