By Harry R. Weber and Michael Kunzelman, Associated Press
March 4, 2012
New Orleans — BP’s settlement with plaintiffs suing the company over the 2010 oil spill disaster in the Gulf of Mexico may address harm to individuals and businesses, but there is nothing in it that compensates the public for damage to its natural resources and environment, the Justice Department said Saturday.
That’s a potentially critical issue because a separate victims’ claims fund that was set up months after the Deepwater Horizon rig explosion was also meant to cover environmental damages, but it’s now expected to be used to cover the BP settlement with plaintiffs. BP said it expects to pay out $7.8 billion in the settlement with the plaintiffs that was announced Friday.
It’s not clear whether environmental claims will now have to be addressed separately between BP and the U.S. government, or whether it will be rolled up into their ongoing discussions over settling the fines and penalties that the British company faces. Both issues also could be resolved at an eventual civil trial, which has now been postponed indefinitely.
The Justice Department noted that the settlement doesn’t address “significant damages” to natural resources and the environment.