Investment Firm Suggests Alternative MTBE Liability Approach

May 24, 2005
A major investment firm is suggesting that backers of the controversial safe harbor for manufacturers of the gasoline additive methyl tertiary butyl ether (MTBE) may have to scrap their current approach barring any product liability lawsuits and instead adopt an alternative approach that would cap total industry liability in the suits. "We think the safe harbor exactly as defined in the [House energy bill] is out. However, we believe there are other ways to achieve the same end, which ...

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