Monday, April 3, 2017

Restore Council approves BP spill Louisiana State expenditure plan for $811.9M

The Gulf Coast Ecosystem Restoration Council Chair, U.S. Department of Agriculture, has approved the Louisiana State Expenditure Plan. The Council chair has found the Louisiana SEP is complete and meets all requirements contained in the RESTORE Act, the Department of the Treasury’s implementing regulations, and the Council’s SEP Guidelines, according to a press release issued today.
The USDA provided Louisiana with a letter of approval, reiterating the Council’s commitment to ensuring an efficient and effective process for funding the activities in Louisiana. More information regarding the projects funded with the BP oil spill award dollars was covered in today's press release, which states in part:
"Louisiana’s Coastal Protection and Restoration Authority (CPRA) announces that the Gulf Coast Ecosystem Restoration Council (RESTORE Council) and the U.S. Department of Treasury (Treasury) have both accepted the CPRA’s First Amended Multiyear Implementation and State Expenditure Plan (RESTORE Plan) under the Resources and Ecosystems Sustainability, Tourist Opportunities and Revived Economies of the Gulf Coast States Act of 2012 (RESTORE Act). This plan describes how the state intends to spend its total allocation of $811.9 million over 15 years from both the Spill Impact Component and the Direct Component of the Gulf Coast Restoration Trust Fund (RESTORE Trust Fund). With the plan officially accepted by both agencies, CPRA can now apply for grants to begin implementing the important projects and programs described in the plan."
In September 2015, Louisiana was the first state to have a plan for spending then-available Direct Component funds from the Transocean Deepwater settlement, $39 million. The Bayou State is now the first to have a plan accepted by both Treasury and the RESTORE Council for the expenditure of all of its Direct Component and Spill Impact Component funds from the Transocean, Anadarko Petroleum Corporation and BP Exploration & Production Inc. settlements over 15 years. The activities include:
- the Calcasieu Salinity Control Measures project ($260.4 million) under the Direct Component
- The Houma Navigation Canal Lock Complex ($366 million), Adaptive Management ($60.9 million), the CPRA-Parish Matching Opportunities Program (up to $100 million), and contingency funds (approximately $24.6 million) under the Spill Impact Component.
According to the press release, the Calcasieu Salinity Control Measures project is southwest Louisiana's largest ecosystem restoration project. "Additionally, the Adaptive Management program will allow us to identify sustainable implementation solutions in a dynamic ecosystem while the Parish Matching program will enable us to partner with coastal parishes to advance comprehensive integrated coastal protection projects of particular local concern”, said Michael Ellis, Executive Director of the CPRA.
The RESTORE Act allocates 80 percent of all Clean Water Act penalties paid by those responsible for the 2010 BP oil spill to the RESTORE Trust Fund for the restoration and protection of the Gulf Coast region. The Act contains five funding components, one of which directs 35 percent of funds deposited into the trust fund to each of the five Gulf Coast states in equal shares for ecological and economic restoration (the “Direct Component”), and one of which directs 30 percent of the funds deposited in the trust fund to each of the five Gulf Coast states to address the ecological and economic impacts from the oil spill based on a formula established by the Council.
For more information, please visit: The Coastal Protection and Restoration Authority, "The State of Louisiana's First Amended RESTORE Plan".
Photo: courtesy of Wikimedia Commons Images, then EPA Administrator Lisa Jackson surveying the oil in the Gulf of Mexico at Grand Isle, La., June 11, 2010, EPA photo.

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