BP 'Pays' for the Gulf While Getting $308 Million in Federal Grants
Some question what President Obama meant when he said BP was going to “pay” for the tragedy in the Gulf considering BP is currently receiving around $308 million in federal grants to build a power plant in Southern California.
BP co-owns the company Hydrogen Energy California (LLC) with Rio Tinto that is the current recipient of the Department of Energy grant. The grant is the second largest award to a corporation in California.
The $308 million will be going toward to construction of a power plant to create ‘clean coal’, according to California Watch.