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Coastal Protection and Restoration Authority April 25, 2012

Deepwater Horizon. Coastal Protection and Restoration Authority April 25, 2012. Natural Resource Damage Assessment. Final Phase 1 Early Restoration Plan. April 18, 2012 – Trustees announce finalization of the Phase 1 Early Restoration Plan and Environmental Assessment.

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Coastal Protection and Restoration Authority April 25, 2012

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  1. Deepwater Horizon Coastal Protection and Restoration Authority April 25, 2012

  2. Natural Resource Damage Assessment

  3. Final Phase 1 Early Restoration Plan • April 18, 2012 – Trustees announce finalization of the Phase 1 Early Restoration Plan and Environmental Assessment. • Approximately $60 Million for 8 Projects including: • Oyster cultch and hatchery projects • Marsh creation • Dune restoration • Boat ramps • Includes 2 Louisiana projects totaling more than $29 million. Final plan available at http://losco-dwh.com.

  4. “Louisiana Plan” Projects Coastal Restoration Projects

  5. NRDA Status Update • April 18, 2012 – Trustees release status update to provide a snapshot of assessment activities. • Work plans continue to be developed and implemented to assess injuries to natural resources across the Gulf. • Assessment will continue while Early Restoration planning is under way. Status update available at http://losco-dwh.com. Photo Credit: NOAA

  6. Response

  7. Outstanding Response Issues • Lack of long-term monitoring • Lack of opportunities for parish involvement • Orphaned Anchors • Submerged Oil • Premature exit from response

  8. Additional Updates

  9. PSC Settlement • April 18, 2012 –PSC announced that it has finalized its settlement with BP on non-governmental claims arising from the Deepwater Horizon oil spill. • Settlement claims are uncapped, but are estimated to be $7.8 billion to resolve private plaintiffs’ claims for economic loss, property damages and injuries. • This settlement DOES NOT resolve the environmental claims against BP made by the federal government and five Gulf States under the Oil Pollution Act. • Natural Resource Damages and Clean Water Act penalties must still be resolved.

  10. RESTORE ACT • Under current law, Clean Water Act penalties are directed into the Oil Spill Liability Trust Fund • RESTORE Act directs 80% of CWA penalties from the DWH spill to the Gulf Coast for ecological and economic recovery • Senate Action: RESTORE Act attached to the Highway Bill; passed on March 14 • House Action: RESTORE Act framework included in Highway Bill; passed on April 18 • Conference committee to reconcile bills Photo Credit: NOAA

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