BREAKING: BP will pay a record $18.7 billion to settle 2010 Deepwater Horizon oil spill claims

July 2, 2015 by  
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BP has finally agreed to settle all federal and state claims over the 2010 Deepwater Horizon oil spill with a record $18.7 billion payment—the largest environmental fine in U.S. history. With an estimated 210 million gallons of oil discharged into the Gulf of Mexico, the 2010 environmental disaster is the biggest offshore oil spill in American history, claiming 11 worker lives and causing extensive and ongoing damage to wildlife, human health, and the economy. BP’s settlement is the “largest settlement with a single entity in American history,” according to U.S. Attorney General Loretta E. Lynch. If approved by a judge, the settlement will bring BP’s total spending over the oil spill to $53.8 billion. Via Wall Street Journal Permalink | Add to del.icio.us | digg Post tags: 2010 deepwater horizon oil spill , BP , BP payout , BP settlement , deepwater horizon , Deepwater Horizon settlement , environmental destruction , largest environmental payout in history

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BREAKING: BP will pay a record $18.7 billion to settle 2010 Deepwater Horizon oil spill claims

Prefab Parisian housing is clad in a double-skin timber facade to optimize solar shading

July 2, 2015 by  
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Read the rest of Prefab Parisian housing is clad in a double-skin timber facade to optimize solar shading Permalink | Add to del.icio.us | digg Post tags: Aubervilliers , double skin facade , Housing in Auvry Barbusse , Housing in Auvry Barbusse by Tectône , natural daylight , Paris housing , patina , Prefab , recycled rainwater , solar shading , Tectône , Tectône architects , timber framed housing , timber house , untreated pine , wooden housing

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Prefab Parisian housing is clad in a double-skin timber facade to optimize solar shading

BP loses Supreme Court appeal to reduce Gulf Spill payments

December 9, 2014 by  
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BP has been busy scrambling to limit the amount of money it must pay out as a result of the 2010 disaster in the Gulf of Mexico, but yesterday the gas and oil giant had a serious set back. The US Supreme Court denied BP’s challenge to the multibillion dollar settlement that the company signed in 2012. That settlement forced the company to compensate businesses for financial losses due to the spill. Read the rest of BP loses Supreme Court appeal to reduce Gulf Spill payments Permalink | Add to del.icio.us | digg Post tags: 2010 oil spill , BP appeal , BP claims , bp oil spill , BP settlement , BP settlement claims , bp settlements , BP supreme court appeal , environmental disaster , gulf of mexico oil spill , oil spill , oil spill payments

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BP loses Supreme Court appeal to reduce Gulf Spill payments

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