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Reaction is
still coming in over the U.S. Supreme Court’s decision Wednesday to cut the
Exxon Valdez Oil Spill punitive damages to less than one-tenth the original
jury award. Kodiak's delegation to the state capital were not happy with the decision.
Kodiak
Representative Gabrielle LeDoux said she would not describe the
507-point-5-million dollar award as “bitter-sweet.”
-- (EVOS
LeDoux 1 22 sec “…
most of my constituents very happy.”)
Kodiak
Senator Gary Stevens said the reduction in the award, first from 5-billion-dollars,
then to 2-point-5-billion, and ultimately 507-point-5-million, will have a
tremendous affect on the lives of the plaintiffs:
-- (EVOS
Stevens 1 17 sec “…
and it’s really just a sad day.”)
LeDoux, who
is an attorney, says the purpose of punitive damages is to punish, and the high
court’s decision did not do that:
-- (EVOS
LeDoux 2 24 sec “…bottles
are coming uncorked in the Exxon boardroom.”)
The Supreme
Court ruled the punitive award should be the same as the compensatory damages –
a one-to-one ratio. There is concern that decision sets a precedent for
punitive damages in similar cases of corporate irresponsibility. Stevens says
Alaskans should keep that in mind during the licensing process for the proposed
Pebble Mine in Bristol Bay:
-- (EVOS
Stevens 2 21 sec “…
do damage and aren’t called to task for it.”)
The Pebble
Gold and Copper Mine could be one of the largest open-pit mines in world, north
of Lake Iliamna, home to the spawning grounds for much of Bristol Bay’s salmon
run. The preliminary design also calls for an earthen embankment larger than
the Hoover Dam to hold back a man-made lake that would be filled with
cyanide-laced mining waste.
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