Clean Air Act · 2016 Public record Volkswagen diesel fleet
Volkswagen AG · Nationwide (imported vehicles)
$14.7 billion
settlement · log scale, $16.5M to $14.7B
Defeat devices that cheated emissions tests on ~580,000 U.S. diesels.
The October 2016 partial settlement totaled about $14.7 billion, including a $2.7 billion environmental mitigation trust and $2 billion for zero-emission-vehicle investment. A separate 2017 resolution added a $1.45 billion Clean Air Act and customs civil penalty on top of criminal fines.
Source: U.S. DOJ / EPA / CARB consent decrees, 2016-2017
Clean Water Act · 1991 Public record Prince William Sound spill
Exxon (Exxon Valdez) · Alaska
~$1 billion
settlement · log scale, $16.5M to $14.7B
The settlement that reset the price of an oil spill.
After the 1989 tanker grounding fouled 1,300 miles of Alaskan coastline, the 1991 settlement combined a $900 million civil recovery paid over ten years with $100 million in criminal restitution.
Source: U.S. DOJ / EPA / State of Alaska settlement, 1991