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OAKLAND, Calif. -- Despite being a centerpiece of celebrations the world over, fireworks displays often release toxic chemicals into the environment; researchers are developing a new generation of fireworks that shine as bright but leave less of an impact.
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ELMSFORD, N.Y. -- Coca Cola signed a 10-year contract with UTC Power that will bring two fuel cells to a southern New York bottling plant, where they will produce enough heat and energy to satisfy nearly a third of the facility's needs. The state of New York also provided $2 million for the project.
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GENEVA, -- Efforts by the world's leading cement companies knocked down carbon dioxide emissions from the industry’s manufacturing process by 35 percent even while production climbed by 53 percent, according to a new report by the World Business Council for Sustainable Development’s Cement Sustainability Initiative.
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Exxon Valdez Shells Out Money for Oil Spill 20 Years Later
Exxon Valdez has finally begun to give money to lawsuit claimants 20 years after its 11 million gallon oil spill in the Prince William Sound.
Earlier this week, commercial fishermen involved in the lawsuit received direct deposit payouts, and paper checks will go out next week.
Total payments from the lawsuit will come to about $383 million distributed among nearly 33,000 plaintiffs.
Though the payout appears to be a hefty one, it is only a fraction of what Exxon Valdex originally agreed to pay. A jury decided in 1994 that the company owed $5 billion for the spill. However, lawyers for the company reduced the payout amount over the years.
This past summer, the US Supreme Court ruled that the company also owes up to $507.5 million in punitive damages.
Claimants in the lawsuit aren't that excited about the payout, but who can blame them? It's a classic case of too little, too late.
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