Natural Stone Pebbles News

Thursday, June 07, 2007

Oil companies must pay for spills

The Filipino Government has introduced a law which will require all major companies which ship oil through the island nation's waters to pay into a fund that can be used to tackle future spills. (EDIE)

The Oil Compensation Act has been seen largely as an acknowledgement of criticism over the government's slow response to a huge spill of the coast of Guimaras last year, the worst in the country's history. The spill occurred when an oil tanker sank off the coast of the idyllic island last August, causing extensive damage to both the sensitive environment and the livelihood of local fishermen.

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