The money will be used for additional cleanup and both short and long term restoration projects in Prince William Sound and the Gulf of Alaska, the areas damaged by the spill. will pay a total of $900 million in civil damages over the next ten years to federal and state trustees. The decree states that Exxon Shipping and Exxon Corp. Through tough negotiations by the Department of Justice, the Environmental Protection Agency, the Department of Agriculture, the Department of Interior, the Department of Transportation, the National Oceanic and Atmospheric Administration (NOAA), the State of Alaska, and federal prosecutors, the federal and state interests surrounding the legal responsibilities of Exxon Shipping and Exxon Corporation have been vindicated," said Thornburgh.įiled in the District of Alaska today is a civil complaint and accompanying consent decree alleging violations of the Clean Water Act.
"The aggregate of one billion dollars in civil damages and criminal restitution is by far the largest single amount ever paid as a result of environmental violations. Exxon Corporation will plead guilty to violating the Migratory Bird Treaty Act. will plead guilty to violating the Clean Water Act, the Refuse Act, and the Migratory Bird Treaty Act. This is, by far, the largest single environmental criminal recovery ever exacted.Īccording to the plea settlement, which will be filed in the District of Alaska, Exxon Shipping Co. The Attorney General also announced that the two corporate defendants have agreed to plead guilty to federal environmental criminal charges and to pay a criminal fine of $100 million, of which $50 million will be remitted the State of Alaska will receive $50 million of the $100 million as restitution for restoration of the damaged natural resources.
The settlement also has a reopener clause stating that Exxon may incur an additional $100 million for natural resource damages not currently foreseen. Attorney General Dick Thornburgh and Alaska Governor Walter Hickel today announced that Exxon Corporation and Exxon Shipping Company have agreed to settle all federal and state civil claims resulting from the Exxon Valdez oil spill on March 24, 1989, by the payment of $900 million in damages. Attached is the Justice Department press release issued today on the Exxon Valdez settlement.
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