$500 Million Science Fund
Chairman Markey writes a letter to BP, Transocean, and Halliburton requesting establishment of an independently-managed fund for research into investigate causes of the spill, monitor the spill's location and trajectory, and assess the impacts on marine and costal populations of the oil and oil/dispersant mixes.
BP announces they will pledge $500 million to create the fund on May 24
Halliburton denies responsibility for the oil spill and rejects contributing money to scientists
Articles on the Fund:
Financial Times: BP offers $500m for damage study
Politico: BP offers $500 million to study oil impact
PLEASE NOTE: The House Select Committee on Energy Independence and Global Warming was created to explore American clean energy solutions that end our reliance on foreign oil and reduce carbon pollution.
The Select Committee was active during the 110th and 111th Congresses. This is an archived version of the website, to ensure that the public has ongoing access to the Select Committee record. This website, including external links, will not be updated after Jan. 3rd, 2010.
The Select Committee was active during the 110th and 111th Congresses. This is an archived version of the website, to ensure that the public has ongoing access to the Select Committee record. This website, including external links, will not be updated after Jan. 3rd, 2010.
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