Amendments to Executive Order 12777
Mar 21, 2013
Signed by: Barack Obama
Signed on: Mar 15, 2013
Published on: Mar 21, 2013
Mar 21, 2013
Signed by: Barack Obama
Signed on: Mar 15, 2013
Published on: Mar 21, 2013
Summary
Gives different government departments the job of changing the money limits for oil spills to keep up with rising prices.
What problem does this solve?
The rules for who should update the fines for oil pollution were not clear. This order gives specific government groups the job of adjusting these fines to make sure they are always fair and up-to-date.
What does this order do?
Delegates liability adjustment for vessels and ports to the Coast Guard
Gives the Secretary of the department where the Coast Guard operates the power to adjust liability limits for vessels, onshore facilities, and deepwater ports based on inflation.
Assigns liability adjustment for non-transportation facilities to the EPA
Delegates the power to set and adjust liability limits for non-transportation-related onshore facilities to the Administrator of the EPA.
Grants liability adjustment for non-marine facilities to the DOT
Gives the Secretary of Transportation the authority to set and adjust liability limits for non-marine transportation-related onshore facilities.
Assigns liability adjustment for offshore facilities to the DOI
Delegates the power to adjust liability limits for offshore facilities and pipelines to the Secretary of the Interior.
Who does this affect?
- Federal Agencies (Coast Guard, EPA, DOT, DOI)
- Oil and Gas Industry
- Maritime Transportation Industry
What is the real world impact?
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Makes government operations more efficient
Clarifies which federal agencies are responsible for adjusting oil pollution liability limits. This avoids confusion and makes sure the limits are updated regularly to account for inflation, keeping financial penalties effective.
When does this start?
This order became effective on March 15, 2013, the date it was signed.