Human Wrongs Watch
By Mark Floegel, Greenpeace*, 16 November 2012 — Let me apologise in advance for all the numbers that follow, but they’re important.
Eleven men died on Deepwater Horizon the night BP’s Macondo well blew out in April 2010. It’s one number we shouldn’t forget and no number can be placed on the loss their families and communities suffered and continue to suffer.
The number announced on Thursday – US$4.5 billion – represents BP’s criminal settlement with the US government and a victory for the giant oil corporation.
How’s that a victory? It’s a victory because BP’s stock price rose and since stock price is the only number that means anything to people who run oil companies, it tells us today’s settlement was a reward, rather than a punishment, for BP.