Posted: Mar 27, 2014 4:10 PM by Melinda Deslatte
Source: Associated Press
BATON ROUGE - The oil and gas industry and landowners say they have reached a compromise on how to handle the clean-up of environmental damage done in drilling years ago.
Gov. Bobby Jindal announced the legislative proposal Thursday, surrounded by industry leaders, lawmakers and the head of the Louisiana Landowners Association.
The bill to be filed by Sen. Robert Adley would change the complex legal process for dealing with so-called "legacy lawsuits" that seek millions of dollars in damage claims and that the oil and gas companies claim are stymieing energy exploration.
Jindal says the proposal, among other things, would spell out the types of damage that can be recovered in the lawsuits and the standards for recovery. It also would define contamination to clarify what type of environmental damage is covered.