Exxon’s Shame

Peter Rothberg in The Nation:

Tanker_350The reality is that after eighteen years and countless false promises, ExxonMobil has still not paid the billions of dollars in punitive damages that the courts have determined it owes the spill victims–this despite the fact that the company posted the most profitable year in 2006 of any corporation in history. In 1994, a federal court in Anchorage, Alaska, awarded $5 billion in punitive damages to fishermen, Native Alaskans, and other plaintiffs in a class action suit against the oil giant. But rather than accepting its obligations Exxon has been fighting the verdict, employing hundreds of lawyers, filing countless appeals and effectively buying science that supports its claims.

This has added injury to injury as more than 30,000 people whose lives and livelihood were disrupted by the spill have now been dragged through years of litigation. During this time, according to the advocacy group ExposeExxon whose excellent mailing prompted this column, 6,000 plaintiffs have died waiting for compensation.

More here.