[Dialogue] Emailing: Greenpeace Supreme Court Ruling Compounds ExxonMobil's Betrayal of Alaskan Communities.htm

Harry Wainwright h-wainwright at charter.net
Wed Jun 25 16:41:46 EDT 2008


 	 
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FOR IMMEDIATE RELEASE
June 25, 2008
1:55 PM 


CONTACT: Greenpeace <http://www.greenpeace.org/usa/> 
Jane Kochersperger, Greenpeace Media Office in the U.S., 
(202) 319-2493 direct; (202) 680-3798, cell; 
jane.kochersperger at greenpeace.org

 	

Supreme Court Ruling Compounds ExxonMobil's Betrayal of Alaskan Communities
Statement by John Passacantando, Executive Director, Greenpeace USA 
 	
WASHINGTON - June 25 - "Today's Supreme Court ruling seals ExxonMobil's
betrayal of the Alaskan communities, fishermen and others who deserved far
better after their long and difficult battle to hold ExxonMobil accountable
for the Valdez oil spill. 


"More than 3,000 of the original plaintiffs died before they could see
justice served because ExxonMobil spent nineteen years fighting just
compensation for those affected by the spill. 

"For the Court to require a company that recorded a 2007 profit of $40.6
billion and that posted the highest quarterly results in U.S. corporate
history in February to pay a mere $500 million in punitive damages to the
affected Alaskans makes a mockery of justice. 

"The worst environmental calamity in U.S. history will continue to haunt the
Prince William Sound and those dependent upon it for their livelihoods.
Crude oil still can be found under rocks along the Sound's shores, and
fishery scientists estimate that only ten percent of the oil was ever
cleaned up. 

"As long as America maintains its addiction to oil, the country will remain
at risk of environmental disasters such as the one caused by the Exxon
Valdez." 

Background - On March 24, 1989, the oil tanker Exxon Valdez ran aground on
Bligh Reef, spilling 11 million gallons of crude oil into Prince William
Sound and creating an oil slick covering 1,300 miles of Alaska's pristine
coasts. In 1994, an Alaska court ordered ExxonMobil to pay $287 million in
compensatory damages and $5 billion in punitive damages to 40,000 commercial
fishermen, Alaskan Natives, property owners and others harmed by the spill.
ExxonMobil appealed the case to the 9th Circuit Court of Appeals, which
eventually ruled that $5 billion in punitive damages was excessive and
reduced it to $2.5 billion. ExxonMobil then asked the U.S. Supreme Court to
rule against any punitive damages. 

###

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