Monday, September 26, 2011

Bill aimed at using BP fines to restore Gulf goes to full Senate


Hours after the oil rig explosion in April 2010, fireboats try
to extinguish the blaze on the Deepwater Horizon rig
south of Venice. The BP oil company faces fines,
which a Senate committee said should be used to restore
the Gulf Coast.




A bill that calls for 80 percent of BP penalties to go toward restoring the Gulf of Mexico has moved to the full U.S. Senate.

The Senate Environment and Public Works Committee passed the bill, called the Restore Act. Next, it goes to the full Senate for a vote.

Under the bill, a restoration plan would have to be drawn up and a special council set up to oversee restoration. The bill also calls for money to be set aside for long-term studies of the Gulf.

The bill has been pushed by Gulf Coast senators and backed by environmental groups.The BP spill occurred after the Deepwater Horizon rig exploded April 20, 2010, off the coast of Louisiana, leading to the largest offshore oil spill in U.S. history.source: www.nola.com

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