But companies will not accept the liability forever, he said, and it was not a good idea for them to agree to do so, because the carbon dioxide will outlive the corporate entities.
These deals have failed to fructify, even partially, because American companies have refused to accept the liability framework that the Indian government set in place in 2010 to deal with nuclear accidents.
Private companies say that they will take responsibility — and accept the liability — for carbon dioxide they put in the ground for as long as they inject it, and perhaps for decades afterward.
"All this said, the club fully accepts the liability, we believe that it is morally right that the money should be paid and are not seeking to avoid paying the any part of the debt.
An initial offer was made to the town of Rosendale, which refused, unwilling to accept the liability.
Just accept the liability of possibly having to fend for whatever weapon they might have.
NR said it accepted the fine "as we accept the liabilities inherited from Railtrack".
"Network Rail has today been sentenced for failings that contributed to this accident and we accept the fine as we accept the liabilities inherited from Railtrack," it said.
Short of making us good by force, god, like any parent, must accept the liabilities of wayward children.
If Germany and other creditor countries are unwilling to accept the contingent liabilities that eurobonds entail, as they are today, they should step aside, leave the euro by amicable agreement, and allow the rest of the eurozone to issue eurobonds.
