Posts tagged economy
Making the Case for Ecosystem Services Valuation
NatureVolume:465,Pages:985–986Date published:(24 June 2010)
On June 14, 2010, BP pledged $20 billion to an escrow account to pay for damage caused by the April 22, 2010 sinking of its Deepwater Horizon drilling platform off the coast of Louisiana.  The beneficiaries of this fund are expected to be fishermen, hoteliers, charter-boat operators, and other Gulf-coast business owners who have lost income, as well as states and other entities with clean-up costs.
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