Florida to get $3.25 billion from BP in Gulf oil disaster settlement

Share

The Department of Justice, five Gulf of Mexico states – including Florida – and the oil company BP announced a major settlement Thursday; BP will pay $18.7 billion to settle fines and penalties for the 2010 Deepwater Horizon oil disaster.

The settlement includes Clean Water Act civil penalties, funds for projects to restore natural resources damages and money for economic damages claims.

Florida’s share will be about $3.25 billion. Tampa will get $27 million dollars, which is more than any other city in Florida.

Much of the money will go to Triumph Gulf Coast, a trust fund set up by the Legislature, to help the eight counties in the Florida Panhandle that were most affected by the spill.

The funds will be distributed over the next 17 years.

Governor Rick Scott said, “This agreement will help Florida implement key projects and invest in environmental priorities to keep our state beautiful.” While Senator Bill Nelson wrote, “Considering this was the worst environmental disaster in history and it was caused by gross negligence, the amount of penalties specifically for violations of the Clean Water Act could be – and, I think, should be – much larger.”

To find out where Florida’s money might go WMNF interviewed Jordan Macha, a Gulf policy analyst for the Gulf Restoration Network.

BP settlement with 5 Gulf states: WMNF News by WMNF News

https://www.scribd.com/embeds/270281858/content?start_page=1&view_mode=scroll&access_key=key-mfvOKeoyjKU94uEY7TbD&show_recommendations=true

information from the Associated Press was used in this report

You may also like

Andrew Warren
Suspended Hillsborough state attorney Andrew Warren runs for re-election

Listen: Suspended Hillsborough County State Attorney Andrew Warren announced Tuesday...

Havana Cuba
On the anniversary of the failed Bay of Pigs invasion of Cuba, DeSantis signs a bill requiring the teaching of communism history in Florida

Gov. Ron DeSantis on Wednesday signed a measure that will...

The Scoop: Wed. April 17th, 2024 Tampa Bay and Florida headlines by WMNF

Bob Graham dies  Former Florida Senator and Governor Bob Graham...

Bob Graham
Former Florida Governor and U.S. Senator Bob Graham dies at 87

Bob Graham, a two-term Florida governor who served in the...

Ways to listen

WMNF is listener-supported. That means we don't advertise like a commercial station, and we're not part of a university.

Ways to support

WMNF volunteers have fun providing a variety of needed services to keep your community radio station alive and kickin'.

Follow us on Instagram

Latin Jazz & Salsa
Player position: