News, opinions, photos and facts from Ocean Conservancy
About Bethany Kraft
Bethany is the Director of the Gulf Restoration Program, living and working in New Orleans, Louisiana. Bethany’s love for the ocean began as a child, and playing in the ocean still makes her feel as giddy, excited, and grateful as it did when she was little. She shares the same sentiment about all things banana-flavored.
The future of the Gulf is being shaped everyday. Six years after the explosion of the Deepwater Horizon oil rig, which took the lives of 11 workers, the grand experiment in the Gulf of Mexico continues to unfold in a unique crucible of complex science and complicated politics.
Over $25 billion in settlements finalized from BP and other parties is earmarked for environmental and economic recovery in the Gulf . While it not nearly enough to fully restore the Gulf, if invested wisely, it is enough to catalyze a transformation in working with nature to enable coastal communities to thrive.
We did it! You asked our Gulf leaders to restore the Gulf beyond the shore, and they heard you! When the details of the $20.8 billion settlement were released last month, more than $1 billion was set aside to restore the open ocean.
But there’s a catch…the Trustees charged with restoring the Gulf have proposed to take ALL of their federal overhead expenses for the next 15 years out of the open ocean fund. That funding is critical for restoring Gulf wildlife in the deep sea, where an area 20 times the size of Manhattan remains polluted with BP oil!
Since the BP Deepwater Horizon oil disaster began over five years ago, various settlements with BP and Transocean have given way to a veritable alphabet soup of restoration processes: NFWF, NRDA, RESTORE, NAS and so on. Each process has its own set of funding and restrictions, which can exhaust the many dedicated people who are engaged in restoration with multiple sets of public meetings and comment periods. But the fish and crabs and wetlands in the Gulf don’t care where the money comes from to restore their health and their habitats.
The final months of 2015 are shaping up to be very busy in the Gulf of Mexico! In July BP and the U.S. government announced that they were nearing a settlement agreement, and on October 5, that draft settlement agreement was released for public comment. This clarity around just how much funding will be available for Gulf restoration in the coming years means that decision-makers are working overtime to issue project lists, plans and regulations that will guide spending of fine money for the next 18 years. That’s a long time!
Here is a quick breakdown of what’s happening, what it means and how you can make your voice heard.
Ivan. Camille. Katrina. On the Gulf Coast, these names are as familiar to us as those of close family members. But while the names of the strongest hurricanes live on in our memories, the lessons they teach us about risk and vulnerability are often lost in the post-storm chaos of rebuilding our lives to some semblance of normal.
This year we mark 10 years since Hurricane Katrina and 5 years since the BP Deepwater Horizon oil disaster. Both disasters reminded us that a healthy ecosystem is critical to our protection from natural and human-made disasters.
We are digging into the details of the project list, but our initial reaction is largely positive– not only because the projects selected will likely achieve important environmental benefits, but because the Council has also taken a few lines straight out of Ocean Conservancy’s and other partners’ playbooks.
Five years ago today, oil from the Deepwater Horizon rig was still gushing unabated into the Gulf of Mexico, impacting countless wildlife, oiling shorelines and devastating coastal communities from Texas to Florida. Shortly after the disaster occurred, both President Obama and BP promised to restore the Gulf of Mexico, and today marks the single biggest step forward in restoring the Gulf.
Today BP and the five Gulf states have agreed to an unprecedented $18.7 billion settlement to resolve the outstanding fines that BP still owes for damaging the Gulf. While details are still emerging, here are some of the highlights:
$5.5 billion to resolve Clean Water Act civil penalties, with some portion of that money being directed to each of the five Gulf states. This includes approximately $1.3 billion that will go to the RESTORE Council to implement comprehensive restoration from Texas to Florida, from the coast to the blue water. Read more about the RESTORE Act and restoration here.
$8.1 billion (including $1 billion down payment BP already provided for early restoration) to resolve natural resource damages that are directly related to the impacts of the oil disaster. We are particularly pleased to see that this allocation includes $1.24 billion for projects in the open ocean! This means that we will be able to restore impacts beyond the shore, where the disaster began and where we continue to learn about troubling impacts to fish, corals and dolphins.
$350 million to continue assessing the damage caused by the disaster.
Finally, $5 billion will go to the Gulf states to resolve economic claims.