The Energy and Climate Change Select Committee heard evidence on deepwater drilling following BP's accident in the Gulf of Mexico...Its members reported "serious doubts" about whether the current equipment to deal with oil leaks would work in the harsh environment west of the Shetland Islands, where Chevron and BP plan to drill in deep water. And it found that companies have been "cutting and pasting" their plans for disasters without tailoring their responses to individual wells...the committee recommended a transfer of financial risk from the taxpayer to companies by lifting the $250m (£160m) cap on how much polluters would have to pay towards the clean-up...It also recommended bolstering safety regulation in the UK by enforcing compulsory "minimum standards"...The committee was also critical of BP, saying that it believed on current evidence that the company had "cut corners" in the Gulf of Mexico...BP declined to comment...