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Full Details of $20.8 Billion BP Deepwater Horizon Settlement Released for Public Comment

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U.S. Department of Justice announces full details of $20.8 billion settlement resolving outstanding economic and environmental claims from the BP Deepwater Horizon oil disaster.

Today, the U.S. Department of Justice announced that the full details of a $20.8 billion settlement resolving outstanding economic and environmental claims from the BP Deepwater Horizon oil disaster are now available for public comment. This consent decree provides further details for the agreement in principle that BP and the U.S. Department of Justice released in July. Also released today is an extensive, high-level restoration planning document that will guide spending of $8.1 billion to restore the natural resource damages related to the oil disaster.

The following is a statement from Bethany Carl Kraft, Director of Ocean Conservancy’s Gulf Restoration Program*:

      “While there are many details that require further review, Ocean Conservancy’s initial reaction to the consent decree and draft restoration plan is largely positive. In particular, the Trustees’ comprehensive approach to restoration is absolutely necessary given the scale and complexity of injuries to wildlife and habitats. Additionally, the Trustees have identified a restoration goal for monitoring and adaptive management, recognizing that there is still much to be learned about how best to restore injured resources. Finally, proposed restoration options include a number of projects that will reduce stressors to impacted resources, thus ensuring that the health of our environment moves restoration beyond BP to a new level of health and vitality in the Gulf.
      “We are concerned that a number of the early restoration projects to address lost recreational use are classified as open ocean projects. Given the extent of known impacts in the Gulf waters, it is imperative that every restoration dollar available is allocated to projects that actually restore impacted resources. Additionally, the proposed governance structure of the Trustee Council creates eight decision-making bodies instead of one Trustee Council. This approach also appears to decrease funding available for open ocean projects, given that all of the federal trustees’ administrative costs across the eight restoration planning areas will be coming from the open ocean allocation.
      “For more than five years, the people of the Gulf have dealt not only with the impacts of the oil disaster but also with BP’s refusal to acknowledge how much damage they caused to the Gulf’s environment and economy. Now we can truly celebrate, as this settlement will help us achieve comprehensive, long-term restoration of the Gulf of Mexico.”

*Note: Bethany Carl Kraft is available for interviews upon request

Ocean Conservancy is working with you to protect the ocean from today’s greatest global challenges. Together, we create science-based solutions for a healthy ocean and the wildlife and communities that depend on it. For more information, visit www.oceanconservancy.org, or follow us on Facebook, Twitter or Instagram.

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Trishna Gurung

202-747-4278

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