Beachapedia

Factoid/2015/12/02

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< Beachapedia:Factoid‎ | 2015‎ | 12


Restoration After Major Oil Spills Can Cost Billions

"So how much will it cost to restore the Gulf of Mexico to its condition prior to the Deepwater Horizon disaster? Is restoration even possible? Well, in 2015 the Deepwater Horizon Natural Resource Damage Assessment Trustee Council ("Trustees") proposed to accept a settlement with BP to resolve BP’s liability for natural resource injuries from the Deepwater Horizon oil spill. Under this settlement, BP would pay up to $8.8 billion for restoration." - excerpt from Beachapedia article on Offshore Oil Drilling.

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