Written by Linc Bedrosian
GULF OF MEXICO — There's now a draft plan for using fines from the 2010 Gulf of Mexico oil spill to restore the Gulf Coast's natural resources and economy.
But the document doesn't include two items required by federal law: a 10-year allocation plan or a three-year priority list of projects and programs, The Times-Picayune reports.
There are several reasons, according to the 20-page "draft initial comprehensive plan" released Thursday by The Gulf Coast Ecosystem Restoration Council. One is that officials don't yet know how much money the RESTORE Act trust fund will get or when it will arrive. The U.S. Treasury has not issued procedures for spending it. The council wants public input. And Louisiana, Texas, Mississippi, Alabama and Florida have not yet completed their own plans.
The federal-state body will oversee billions of dollars in Clean Water Act fines from the spill. The RESTORE act allocates 80 percent of the money to restoration projects along the Gulf Coast and in the Gulf of Mexico, and the rest to a trust fund to cover the cost of future oil spills.
Along with the document, it released a 112-page environmental assessment and a list of several hundred potential federal and state projects and programs that have been authorized but not yet begun, 73 of them in Louisiana.
Its list of goals for spending the money: restore and conserve habitat, restore water quality, replenish and protect living coastal and marine resources, enhance community resilience, and restore and revitalize the Gulf economy.
As a result of a settlement of Clean Water Act civil claims with Transocean, the owner and operator of the Deepwater Horizon drilling rig that exploded and sank during the BP Macondo well blowout in 2010, the trust fund will receive $800 million during the next two years. It has already received $320 million of that.
Read the full story at the Mississippi Business Journal>>
National Fisherman Live: 3/10/15
In this episode, Online Editor Leslie Taylor talks with Mike McLouglin, vice president of Dunlop Industrial and Protective Footwear.
National Fisherman Live: 2/24/15
In this episode:
March date set for disaster aid dispersal
Oregon LNG project could disrupt fishing
NOAA tweaks gear marking requirement
N.C. launches first commercial/recreational dock
Spiny lobster traps limits not well received
The Gulf of Maine Research Institute is partnering with restaurants throughout the region for an Out of the Blue promotion of cape shark, also known as dogfish. Starting Friday, July 3 and running until Sunday, July 12, cape shark will be available at each participating restaurant during the 10-day event. Cape shark is abundant and well deserving of a wider market.
As a joint Gulf of Mexico states seafood marketing effort sails into the sunset, the program’s Marketing Director has left for a job in the private seafood sector. Joanne McNeely Zaritsky, the former Marketing Director of the Gulf State Marketing Coalition, has joined St. Petersburg, FL based domestic seafood processor Captain’s Fine Foods as its new business development director to promote its USA shrimp product line.