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I’m finishing up the Energy Innovations 2010 conference in Washington, of which more later today, but I wanted to note the news that the U.S. Justice Department has decided to sue BP and a number of other companies over this summer’s oil spill in the Gulf. From Attorney General Eric Holder’s statement today: We intend [...]
Twice over the past month and a half I’ve sat with groups in Louisiana and Florida while Kenneth Feinberg—the booming Boston lawyer who is running the multi-billion dollar oil spill compensation fund—made his pitch. The audiences couldn’t have been more different—worried and wary fisherman in the tiny Louisiana village of Port Fourchon and platinum real [...]
BP’s compensation claims process for Gulf residents and businesses affected by the oil spill has had some serious problems. Residents are saying that the company has been slow to pay, that the forms disappear into a bureaucratic void, and that the criteria of who qualifies and who doesn’t is anything but clear. For journalists covering [...]
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After the oil spill, BP promised to make the Gulf right—and a big part of that was going to be its claims process. Gulf residents affected by the spill—like fisherman who could no longer fish, or seafood restaurant owners whose business had cratered— could visit one of BP’s 25 claims centers sprinkled throughout the Gulf [...]
We’ll be debating the long-term environmental impact of the BP oil spill for years, if not decades. But we can know one thing for sure right now: the spill is exacting psychological harm on the people of the Gulf coast. That’s the conclusion of the first major survey of Gulf coast residents conducted since the [...]
It might take King Solomon to properly decide the hundreds of thousands of damage claims on the oil spill that will likely be filed before the crude is finally cleaned up. We don’t have King Solomon, but we might have the next best thing: Kenneth Feinberg, the Washington lawyer who ran the compensation fund for [...]
