Posted by Matt Dempsey

Salazar Shares Inhofe Concerns on Liability



Transcript: Sec. Salazar: “With respect to the future, it is important that we be thoughtful relative to what that cap will be, because you don’t want only the BPs of the world to essentially be the ones that are involved in these efforts – that there are companies of lesser economic robustness.  But having said that, it ought to be high enough so that we make sure that the responsible party will be able to live up to whatever consequences result from their activity.”