BP

Gulf Coast Claims Facility Set to Replace BP

Posted by Fergus Hodgson on August 19, 2010
Energy & Environment, Transparency / View Comments

Feinberg and Landrieu hold town halls to explain new victims claims process

On August 18th, approximately 500 individuals crowded the Pontchartrain Center in Kenner, Louisiana, to hear from Kenneth Feinberg and Mary Landrieu (D-La). The two speakers explained the new Gulf Coast Claims Facility, highlighted its independence, and assured the audience of their concern for victims of the oil spill.
Continue reading…

Tags: , , , , ,

BP Halts Use of Dispersants

Posted by Fergus Hodgson on July 27, 2010
Energy & Environment, Transparency / View Comments

Disputes remain over toxicity of Corexit; EPA approval process too long for alternative

Since July 15th, BP has ceased all use of dispersants in the clean-up of the Gulf of Mexico oil spill. Although not widely publicized, BP’s decision was made in conjunction with the Environmental Protection Agency and the Coast Guard and came after three months use and 1.8 million gallons of the dispersant Corexit. Continue reading…

Tags: , , ,

Feinberg Encounters Packed Town Halls with Frustration to Spare

Posted by Fergus Hodgson on July 16, 2010
Energy & Environment, Transparency / View Comments

Stresses his independence, advises participation, and calls on community for collaboration

On July 15th, Kenneth Feinberg used three Louisiana town hall gatherings – in Houma, Port Sulphur, and Lafitte – to explain how the Gulf Coast Claims Facility (GCCF) will work. Animated and lively, with a little Bostonian humor, Feinberg held the attention of each overflowing crowd for approximately 30 minutes, followed by 20 minutes of questions from the audience.

Continue reading…

Tags: , , , , ,

Where’s the 20 Billion?

Posted by Fergus Hodgson on July 12, 2010
Energy & Environment, Transparency / View Comments

BP falling behind on compensation pledge

As part of the $20 billion claims fund, BP announced it would make payments of $5 billion by the end of the year – a rate of more than $800 million per month and almost $30 million every day. However, almost a month has passed since the June 16 pledge, and still the Deepwater Horizon Disaster Victim Compensation Fund (VCF) is yet to make its first payment.

Continue reading…

Tags: , , ,

Injunction Against Moratorium a Victory for the Economy and the States

Posted by Jamison Beuerman on June 22, 2010
Energy & Environment / View Comments

The citizens and businesses of the Gulf Coast were handed a welcome – and absolutely essential – victory today when U.S. District Judge Martin Feldman issued an injunction blocking President Obama’s six-month moratorium on all offshore drilling projects in more than 500 feet of water.

Continue reading…

Tags: , , , , ,