Exxon fines significantly reduced for Valdez Spill

A US federal court has ruled that Exxon need not pay the penalty for spilling over 11 million gallons of oil along more than 1,200 miles of Alaskan coastline in 1989. The BBC reports: In the original court ruling, Exxon was ordered to pay out $5bn. Later decisions ordered the lower Alaskan court to set … Continue reading Exxon fines significantly reduced for Valdez Spill