What BP’s $18.7 Billion Spill Settlement Means for the Environment

A sea turtle struggles to free itself from a pool of congealed crude oil on June 8, 2010 off the coast of Grand Terre Island, LA. The turtle eventually swam away.

A sea turtle struggles to free itself from a pool of congealed crude oil on June 8, 2010 off the coast of Grand Terre Island, LA. The turtle eventually swam away. BP’s announcement that it’s wrapping up legal hostilities over the 2010 Gulf of Mexico oil spill brought cheers from all sides. Here’s what it means. The spill bill is even bigger than it looks

Everyone’s talking about records. The $5.5 billion portion of Thursday’s $18.7 billion settlement is a “record” under the federal Clean Water Act. Fine. The real number to keep an eye on—from the perspective both […]