The National Fish and Wildlife Foundation (NFWF) recently awarded $113 million in funds for coastal restoration efforts in Alabama and other Gulf of Mexico states harmed by the 2010 BP oil spill. The money comes from a payment to the foundation of more than $2 billion in fines from BP and Transocean related to criminal charges stemming from the worst offshore oil disaster in U.S. history.
The plea agreement channels the money to the Gulf Environmental Benefit Fund, which is administered by the NFWF and intended to pay for projects related to the restoration of natural resources along the Gulf coast. Alabama efforts will receive $12.6 million in the first round of funding, and some $356 million over the next five years.
In Alabama, the money will be directed through the Comprehensive Conservation Management Plan, which was based in part on public input and is coordinated by the Mobile Bay National Estuary Program.
Of the initial funds, nearly $7 million will go toward D’Olive Watershed restoration on the northeast side of Mobile Bay in Baldwin County. About $3.75 million will be used to restore 600 acres of oyster reefs in Mobile Bay, Bon Secour Bay and Mississippi Sound. Approximately $2 million will go toward the restoration of the Fowl River Watershed in Mobile County and the restoration of 8 acres of tidal marshland on Mon Louis Island.
Meanwhile, the Mobile oil spill attorneys at Long & Long continue to help business owners and property owners who suffered revenue loss or diminution of property value in the wake of the disaster. Please call us at 251-432-2277 for your free consultation if you experienced:
Time to file claims related to the 2010 BP Gulf of Mexico oil spill under the terms of last year’s multidistrict lawsuit settlement is limited.
Please contact Long & Long today for your free claim evaluation. Our knowledgeable lawyers welcome clients from Alabama, Florida, Mississippi and Louisiana.