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Coastal Protection and Restoration Authority March 21, 2012

Deepwater Horizon . Coastal Protection and Restoration Authority March 21, 2012. Natural Resource Damage Assessment. Assessment Update. Work plans continue to be developed and implemented to assess injuries to natural resources across the Gulf.

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Coastal Protection and Restoration Authority March 21, 2012

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  1. Deepwater Horizon Coastal Protection and Restoration Authority March 21, 2012

  2. Natural Resource Damage Assessment

  3. Assessment Update • Work plans continue to be developed and implemented to assess injuries to natural resources across the Gulf. • Finalized work plans are available to the public: http://losco-dwh.com • Assessment will continue while Early Restoration planning is under way. Photo Credit: NOAA

  4. DERP/EA Phase I Overview • December 14, 2011 - draft plan released for 60-day public comment ending February 14, 2012. • $57 Million for 8 Projects including: • Oyster cultch and hatchery projects • Marsh creation • Dune restoration • Boat ramps • Includes 2 Louisiana projects totaling more than $28 million.

  5. “Louisiana Plan” Projects Coastal Restoration Projects

  6. Next Steps for DERP/EA Phase I • Public comment period closed on February 14, 2012 • Comments received are currently under consideration and responses are being drafted • Finalize approved projects with BP based on public comments • If project is selected, project implementation begins • Future rounds of Early Restoration projects

  7. Response

  8. Outstanding Response Issues • Long-term monitoring • State and Parish Participation • Orphaned Anchors • Submerged Oil

  9. Multi-District Litigation (MDL)

  10. MDL Overview • Original phase 1 trial date - Feb. 27, 2012 • Private and governmental claims • First phase of the trial seeks to: • Establish and allocate liability among the defendants • Determine whether any of the defendants were grossly negligent • LA filed suit in the MDL claiming: • Economic loss • Property damage • Increased cost of public services • Punitive damages • Damage to Natural Resources

  11. PSC Settlement • March 3, 2012 – BP and PSC announce settlement 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. • Liability for Natural Resource Damages and Clean Water Act penalties must still be resolved.

  12. MOEX Offshore • $90 million partial settlement • $70 million in Clean Water Act violations and state civil penalties • $6.75M to Louisiana • $20 million in Supplemental Environmental Projects (SEPs) • $6.75M to Louisiana in land acquisition and habitat protection • No funds are to be received by the State

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