BP to Pay $4.5B

    GULF OF MEXICO - APRIL 21:  In this handout image provided be the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010 near New Orleans, Louisiana.  An estimated leak of 1,000 barrels of oil a day are still leaking into the gulf. Multiple Coast Guard helicopters, planes and cutters responded to rescue the Deepwater Horizon's 126 person crew. (Photo by U.S. Coast Guard via Getty Images)

    U.S. Coast Guard via Getty Images

    What’s the penalty for causing the worst environmental disaster in U.S. history? BP plead guilty to 11 felony counts and agreed to pay $4.5 billion in damages for the 2010 Gulf oil spill. Two BP employees will also face manslaughter charges for the deaths of 11 people in the Deepwater Horizon explosion. Sources also said that BP will plead guilty for lying to Congress about the size of the leak.

    Read it at Reuters