GAO Calls For More Flexible Oil Pollution Act

Law360, New York (November 12, 2010, 6:54 PM EST) -- In a report assessing the financial risks facing the federal government in the wake of the Deepwater Horizon oil spill, the U.S. Government Accountability Office has recommended that Congress amend the Oil Pollution Act to include a more flexible per-incident spending cap.

In its Friday report, the GAO said the government has already spent $581 million from the Oil Spill Liability Trust, which was created by the OPA to fund immediate oil spill responses in the absence of payment from responsible parties. Government costs relating to...
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