Ig Nobel Prize winner BP will pay $18.7 billion, reportedly

BP, which was awarded an Ig Nobel Prize in 2010, is in the news again for the actions that won that prize. The New York Times reports:

BP to Pay $18.7 Billion for Deepwater Horizon Oil Spill

NEW ORLEANS — The Gulf Coast states and the federal government have reached a tentative settlement with BP for the British oil company to pay $18.7 billion over 18 years, to compensate for damages from the 2010 Deepwater Horizon oil spill, state officials said Thursday….

The 2010 Ig Nobel Prize for chemistry was awarded to Eric Adams of MIT, Scott Socolofsky of Texas A&M University, Stephen Masutani of the University of Hawaii, and BP [British Petroleum], for disproving the old belief that oil and water don’t mix.

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