The Prestige. A Liberian owned 26 year old single hulled tanker with a U.S "safe to sail certificate" under the Bahamas flag with a Greek based crew contracted by a Swiss company and insured by a British company sailing form St Petersburg to the "bunkering" sites that Gibraltar keeps off shore has an "accident".
The ex-fascist minister from Franco´s time Manuel Fraga, president of Galicia and a minister of similar ilk in Madrid, Alvarez Cascos, decide that the best option is to "tow it out to sea" and after considering aerial bombardment (I kid you not) then cross their fingers and head off to hunt some wild boar.
11 years later after 63,000 tonnes of heavy crude spill out on the coast from Galicia to Belgium!! at a cost in Spain estimated to be "about" 4,000,000,000 Euros plus a few sick volunteers and dead birds and fish NOBODY is responsible.
If Obama is worried about compensation with regard to climate change related events let him breathe a huge sigh of relief. Apparently the Prestige disaster was not man-made.
Let hydro-carbon and nuclear industries also breathe a huge sigh of relief. Their energy production is still clearly much cheaper than renewables.