ONW: Week of August 25, 2014 – Number 247 Follow us on Twitter Like us on Facebook Email the Editor
Ocean News Weekly

Policy News

Congressional CALENDAR

The Senate and House of Representatives will be in recess until September 8th.

Tuesday September 9, 2014
10:00 AM
1324 Longworth Bldg.

House Natural Resources Committee (Chairman Hastings, R-Wash.) hearing on bills that would amend the Endangered Species Act.

 

Movement on Gulf Restoration Efforts

This month, the Gulf Coast Ecosystem Restoration Council released guidelines by which they will select projects that will be eligible for a “Funded Priorities List.”  This action took place after the Treasury Department issued an “interim” final rule setting the process for how Gulf Coast states can spend the civil fines levied in the 2010 Deepwater Horizon oil spill.  The RESTORE Act that passed Congress two years ago set the stage for 80 percent of civil fines related to the spill to return to the five Gulf states, with 30 percent of those funds devoted for the Gulf Coast Ecosystem Restoration Council, 2.5 percent for a restoration science program and 2.5 percent for centers of excellence. To date, $150 million in civil fines have been paid by Transocean, with BP still fighting in court the bulk of the Clean Water Act fines, which could range from roughly $5 to $17 billion.


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