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Restore Act critical in helping Gulf Coast (National Wildlife Federation)

November 14, 2012 by  
Filed under Features

According to some estimates, BP could face as much as $20 billion in fines from the Clean Water Act for its responsibility in the Gulf oil disaster of 2010. Environmental advocates and organizations say the proposed RESTORE Act is essential to put fine money directly to work in restoring the Gulf Coast.

The RESTORE Act (Resources and Ecosystems Sustainability, Tourist Opportunity and Revived Economics of the Gulf States Act of 2011) will invest 80 percent of fines by BP and other parties directly in areas affects by the disaster.

The legislation is supported by a number of organizations including NWF, Environmental Defense Fund, National Audubon Society, Nature Conservancy, Ocean Conservancy and Oxfam America.

Brian Moore, legislative director of the National Audubon Society, said the RESTORE Act is critical because it will invest funds from the fines in the damaged areas. He said unless the legislation is passed, there is nothing stating that the investments have to be directed to the Gulf Coast.

Read the entire article at the National Wildlife Federation.

 

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