Connect with us

Hi, what are you looking for?

News

Anniston Star: Rebuilding the Gulf Coast: State’s congressional delegation should support critical act

Staff Report

After the 2010 Deepwater Horizon spill, BP established a $1 billion pool that would serve as a good-faith down payment on fines and penalties anticipated from the laws that were broken and the damage that was done.

Last week, representatives from the affected Gulf Coast states agreed on $57 million worth of restoration projects. These will be presented for public comment early in 2012.

The criteria for selection were (a.) there had to be a clear environmental benefit; (b.) the projects had to repair damage caused by the spill; (c.) they had to be able to be constructed and implemented quickly; and (d.) there had to be a high likelihood that they would be successful.

Not incidentally, those selecting the projects had to work with BP on calculating the value of the restoration efforts.

Read More…

The Alabama Political Reporter is a daily political news site devoted to Alabama politics. We provide accurate, reliable coverage of policy, elections and government.

DIG DEEPER

Opinion

In 2021, 26 percent more tourists vacationed in Alabama and spent a record amount of almost $20 billion.

Legislature

The measure now travels to Gov. Kay Ivey’s desk for her signature.

Legislature

The bill now heads to Gov. Ivey’s desk to be signed.

Economy

The project will bring an estimated $100 million in capital investment and more than 200 jobs to Loxley.