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A recent oil spill that covers 18,000 square meters of the coast of Lima, Peru may result in a fine of $37 million dollars, but is it enough?
The Spanish company (Repsol) involved is not new to these offenses as it is the fourth time an oil spill has occurred in the area.
Oil companies are made of money and they may not be happy about forking over millions of dollars to pay a fine, but they can afford it.
I think they should be sanctioned where they cannot do business for months or even years as a punishment. They could lose billions of dollars and maybe that would make them put more attention into not spilling oil.
Link to article: https://bit.ly/36NZRfK
Connect with Speak Up For Blue: Website: https://bit.ly/3fOF3Wf Instagram: https://bit.ly/3rIaJSG Twitter: https://bit.ly/3rHZxpc
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A recent oil spill that covers 18,000 square meters of the coast of Lima, Peru may result in a fine of $37 million dollars, but is it enough?
The Spanish company (Repsol) involved is not new to these offenses as it is the fourth time an oil spill has occurred in the area.
Oil companies are made of money and they may not be happy about forking over millions of dollars to pay a fine, but they can afford it.
I think they should be sanctioned where they cannot do business for months or even years as a punishment. They could lose billions of dollars and maybe that would make them put more attention into not spilling oil.
Link to article: https://bit.ly/36NZRfK
Connect with Speak Up For Blue: Website: https://bit.ly/3fOF3Wf Instagram: https://bit.ly/3rIaJSG Twitter: https://bit.ly/3rHZxpc
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