Today’s Agreement on Settlement Dollars Puts Gulf on Road to Recovery

BP, the U.S. Justice Department, and the five Gulf states made public the terms of a settlement agreement regarding the company’s role in the 2010 Deepwater Horizon oil spill. BP will pay $18.7 billion in penalties and damages for its role in the largest offshore oil spill in U.S. history.

Steve Bender, director of Vanishing Paradise – a national coalition of more than 800 sportsman and outdoors groups, organizations and businesses working on Gulf Coast and Mississippi River Delta restoration – released the following statement in response:

“Today‘s settlement moves the wildlife and habitat of the Gulf Coast forward on the road to recovery. It’s time to look ahead to the future and work toward getting real, on-the-ground restoration projects done.

“Because Congress passed the RESTORE Act in 2012, 80 percent of the money BP pays as a result of the Clean Water Act penalty will be returned to the Gulf Coast for much needed restoration and to improve the region’s long-term resiliency. Repairing the ongoing damage from the oil spill is also of utmost importance going forward, and the settlement dollars BP pays through the Natural Resource Damage Assessment will help the areas devastated by the spill – including habitat that supports world-class hunting and fishing.

“The Gulf Coast region is an ecological and economic driver for the entire nation, and sportsmen and women care about ensuring this national treasure is restored for future generations to enjoy. With as many as 14 million waterfowl migrating to the Gulf’s warm shores annually, and salt and freshwater fishing unlike anywhere else on the planet, we must make sure this entire region – including the endangered Mississippi River Delta – is on the path forward to long-term health and recovery. We look forward to working with federal and state officials and the RESTORE Council to make sure every dime of oil disaster money goes to meaningful, comprehensive restoration.”

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Last Updated ( Wednesday, 08 July 2015 )