BP Settlement Will Speed Up Projects

Text size: A A Slide Show After the Deepwater Horizon spill in 2010, oil flooded coastal wetlands. With the announcement that BP has reached an agreement with the federal government over damages caused to the Gulf of Mexico by the 2010 Deepwater Horizon oil spill, observers say the time line for significant coastal restoration projects will be accelerated.

But the same sources add that funds from the settlement won’t be available for at least one full year after the agreement is formally approved in court some time during 2016.

The U.S. Justice Dept. on July 2 announced that it had reached […]