Formaldehyde named a carcinogen; stricter regulation uncertain
June 15, 2011 --
Formaldehyde is now classified as a carcinogen. But, despite the growing scientific consensus about how formaldehyde can affect human health, it remains to be seen if the studies will lead to tighter U.S. formaldehyde regulations.
Oil companies pay a pittance in penalties to offshore drilling regulators
May 5, 2010 --
The fines that oil companies have paid for offshore drilling safety violations are dwarfed by their profits. Fines against BP have been the equivalent of a rounding error. From 1998 through 2007, BP paid less than $580,000 in penalties for its 12 safety violations. Last quarter, the British oil giant turned a profit of $5.6 billion.