Proposed insurance coverage hike too low for oil firms: Greenpeace
Posted On: Aug. 30, 2019 8:53 AM CSTEnvironmental organization Greenpeace is not satisfied with the proposal to raise the insurance level for oil and gas companies to $1.2 billion to clean up potential oil spills, Newshub reports. The hike would require the companies to hold insurance levels proportionate to the risk posed by an oil spill.