S. The Oil Production Act of 1990 (OPA) by adss8UF

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									The Oil Production Act of
     1990 (OPA)
   By: Jonathan Fuller P.2
              Description
• The Oil Pollution Act of 1990 a.k.a. OPA
• A trust fund financed by a tax on oil is
  available to clean up spills when the
  responsible party is incapable or unwilling
  to do so.
• National Act
• Drafted 1900 and hasn’t been ammended
               Description
• Purpose: To establish limitations on
  liability for damages resulting from oil
  pollution, to establish a fund for the
  payment of compensation, for such
  damages and for other purposes.
• Basically it strengthened EPA’s ability to
  prevent and respond to catastrophic oil
  spills.
               Regulation
• The OPA requires oil storage facilities and
  vessels to submit to the Federal
  government plans detailing how they will
  respond to large discharges.
• EPA has published regulations for
  aboveground storage facilities; the Coast
  Guard has done so for oil tankers.

								
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