Louisiana energy firm to pay millions following oil spill that began 17 years ago

Taylor Energy to pay more than $43m in clean-up costs, penalties and damage, and transfer $432m clean-up fund

America’s longest running oil spill dispute is close to a resolution after a Louisiana-based energy firm has agreed to a proposed multi-million dollar settlement.

Taylor Energy agreed to pay more than $43m in clean-up costs, civil penalties and natural resource damage, and transfer a $432m clean-up trust fund to the Department of Interior, according to a proposed settlement announced by the Department of Justice.

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(SOURCE) https://www.theguardian.com/us-news/2021/dec/24/louisiana-taylor-energy-to-pay-millions-oil-spill

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