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    BP to Pay $18.7 Billion for Gulf Oil Spill

    By FishRecycler | July 16, 2015

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    From Activist Angler:

    BP will pay $18.7 billion in penalties and damages for its role in the largest oil spill in U.S. history, which polluted the Gulf of Mexico five years ago.

    “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,” said Steve Bender, director of Vanishing Paradise, a coalition of more than 800 sportsman and outdoors groups, organizations and businesses working on Gulf Coast and Mississippi river Delta restoration. 

    “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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