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U.S., Alaska End Pursuit of Additional Payout Over Exxon Valdez Oil Spill

marinesalvage by marinesalvage
March 15, 2024
in News
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U.S., Alaska End Pursuit of Additional Payout Over Exxon Valdez Oil Spill
U.S., Alaska End Pursuit of Additional Payout Over Exxon Valdez Oil Spill

U.S., Alaska End Pursuit of Additional Payout Over Exxon Valdez Oil Spill

 

ReutersBy Victoria Cavaliere

Oct 14 (Reuters) – U.S. and Alaska state officers introduced on Wednesday they may not search an extra $92 million from Exxon Mobil Corp. to pay for environmental cleanup and restoration stemming from the huge Exxon Valdez oil spill almost three a long time in the past.

In court docket paperwork filed on Wednesday, the state of Alaska and U.S. Justice Department mentioned they have been dropping remaining judicial motion and would not search the extra cash from Exxon as a result of restoration of a number of species, together with geese and sea otters, dwelling in Alaska’s Prince William Sound.

“Although we will not be pursuing Exxon for additional damages, our decision today does not close the book on lingering oil,” Alaska Attorney General Craig Richards mentioned in an announcement.

The tanker Valdez ran aground in March, 1989, dumping about 11 million gallons, or 260,000 barrels, of crude oil into the icy waters off the southern coast of Alaska. The spill was on the time the most important ever in U.S. waters, and one of many worst human-caused environmental disasters.

Over the next months, the oil slick unfold over 1,300 miles (2,092 km) of Alaska’s rocky, pristine coast, killing or injuring greater than two dozen forms of animals, crops, and marine habitats in Alaska’s Prince William Sound, environmental officers mentioned.

In a sweeping 1991 settlement, the oil big was ordered to pay $900 million in civil damages and $125 million in legal fines and restitution.

In 2006, state and federal officers requested Exxon pay an extra $92 million below a particular “reopener” provision to fund cleanup stemming from long-term damages.

The firm has refused to pay this quantity, sustaining that regardless of lingering oil in Prince William Sound, the atmosphere has recovered and cleanup was profitable.

A name to Exxon in search of remark concerning the choice by state and federal officers to drop the pursuit of the extra payout was not instantly returned.

Last 12 months, a report issued by the U.S. Geological Survey mentioned that sea otters in probably the most affected components of Prince William Sound have recovered to their pre-spill numbers. Thousands have been killed within the aftermath of the tanker operating aground.

The gradual tempo of restoration for the otters was doubtless attributable to their ongoing publicity to grease, the examine discovered.

The submitting late Wednesday got here forward of a deliberate standing listening to within the U.S. District Court in Anchorage on Thursday.

(Reporting by Victoria Cavaliere in Los Angeles; Editing by Biju Dwarakanath)

(c) Copyright Thomson Reuters 2015.

U.S., Alaska End Pursuit of Additional Payout Over Exxon Valdez Oil Spill

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