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Ireland to introduce insurance to cover oil spill clean-up costs

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Ireland to introduce insurance to cover oil spill clean-up costs

The Department of Communications, Climate Action and the Environment of Ireland plans to introduce insurance coverage to meet the clean-up cost if a catastrophe such as the Deepwater Horizon disaster were to occur, Irish Independent reported. The Irish government's measure follows a new EU directive that includes financial liability indemnity and insurance requirements for the oil and gas industry.

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