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$US5 billion paid in Gulf oil spill claims – ninemsn

The fund set up to compensate victims of last year’s BP oil spill in the Gulf of Mexico has paid more than $US5 billion ($A4.76 billion) in claims, the fund administrator says. Washington DC lawyer Kenneth Feinberg also released a summary of payouts from …
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$1 billion payment is set in oil spill

share: digg facebook twitter BP will advance $1 billion to repair environmental damage from its Gulf of Mexico oil spill, the company and stakeholders announced Thursday. The unprecedented agreement will allow five coastal states and two federal agencies to begin rebuilding coastal marshes, replenishing damaged beaches and conserving fragile ocean habitats even before the ecological toll of the …
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India’s environment ministry clears Posco’s $12 billion steel plant with riders – Minneapolis Star Tribune

NEW DELHI – India’s environment ministry has given clearance to South Korean conglomerate Posco to build a $12 billion steel plant in eastern India — but with numerous conditions attached. The approval came Monday — more than five years after the …
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$2.9 billion plan restores MR-GO’s environmental damage

10-year project would restore cypress swamp, protect wetlands and build recreation areas
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‘A Billion Chinese’ Describes Environmental Perils

Thousands of environmental groups have sprung up in China, hoping to protect its land and wildlife from the ravages of economic development. Journalist Jonathan Watts writes about them in a new book, When a Billion Chinese Jump.
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