BP oil spill costs to hit $40bn | Business | guardian.co.uk: "BP said today it expects the cost of the Deepwater Horizon oil disaster to be $7.7bn (�4.8bn) bigger than previously thought, pushing the total bill to nearly $40bn.
The oil giant announced the new charge to cover the cost of the Gulf of Mexico spill alongside its financial results for the third quarter of the year. It blamed the delays that dogged its attempts to seal the leak, along with higher clean-up costs and legal fees"
Sunday, November 7, 2010
Regardless of who "pays" for this spill. It is a cost that is unnecessary as long as energy is being wasted by autosprawl. In addition, the opportunity costs and full damage to the earth will never fully be paid. If cars were eliminated, the oil could be used to build an new fossil-fuel-free society. To eliminate cars, start by making public transit fare-free.
at 11:14 AM