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BP 'Pays' for the Gulf While Getting $308 Million in Federal Grants

Cotton fields outside of Bakersfield would be replaced by the new power plant. | Photo by Will Evans/California Watch
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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.