British Petroleum: human life worth $20 million

The Financial Times reports:
“BP was not only willing to put a value on human life, something its predecessor Amoco refused to do – it listed it at $20m (£10.5m) for a single fatality incident, with the cost escalating for multiple deaths in the same accident, the Financial Times has learned.The details, revealed in sworn testimony, come as the first civil trial begins this week arising from the fatal explosion at BP’s Texas City refinery in 2005.”

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