Obama signs order to get RESTORE funds flowing

President Barack Obama signed an executive order Monday allowing the RESTORE Act process to move forward that could ultimately send billions of dollars in BP oil leak fine money to Louisiana.

The executive order lets the Gulf Coast Ecosystem Restoration Council, which is still being formed, progress that will ultimately prioritize the coastal restoration and protection projects and funds.

The order also involved the Environmental Protection Agency and the U.S. Department of Agriculture in the Natural Resources Damage Assessment process that will allocate the $1 billion in early restoration funds from BP.

The executive order comes shortly after Hurricane Isaac swept through Louisiana and blew more of the unrecovered BP oil onto the state’s coastline.

Aaron Viles, deputy director of the New Orleans-based Gulf Restoration Network, said the executive order is a positive sign the RESTORE Act process is not stalling too much.

“It underscores the RESTORE Act process is moving forward; it’s being implemented,” Viles said. “As people get impatient, it’s good to point out the wheels are moving. The White House is engaged.”

While BP pledged $1 billion in early funds through NRDA, not counting the fines, Viles said, only about $60 million in projects are moving forward thus far. Viles said he hopes the EPA’s involvement will spur things along.

The 2010 Deepwater Horizon explosion killed 11 men and resulted in a three-month discharge of 4.9 million barrels of oil into Gulf waters and along Louisiana’s coast.

The RESTORE Act signed into law in June part of the federal transportation bill directs 80 percent of the BP Clean Water Act fine money — from a potential total of $20 billion or more — to the five Gulf Coast states: Louisiana, Texas, Mississippi, Alabama and Florida.

RESTORE Act sponsor and Sen. Mary Landrieu, D-La., said she is pleased Obama issued the executive order. She noted that federal officials and representatives from the five states also met Monday.

“But for full implementation to occur, we need the funding to begin flowing,” Landrieu said in a prepared statement. “I continue to urge all parties to move expeditiously toward a resolution that holds BP fully accountable for the environmental destruction and economic havoc wreaked upon the Gulf Coast.”

Rep. Cedric Richmond, D-New Orleans, also noted the positive progress Monday.

“In the aftermath of so many natural and manmade disasters, it is critical that all entities involved in rebuilding our coastline work diligently and collectively if we’re going to stop the erosion of Louisiana’s wetlands — a critical piece of our hurricane protection system,” Richmond said.


Please log in to comment on this story

Comments (7)


1) Comment by DMJ - 11/09/2012

Just tired of the gloom and doom is all, bub.

2) Comment by phil - 11/09/2012

DMJ there you go again with the personal attacks. Run out of new ideas?

3) Comment by DMJ - 11/09/2012

phil, the eternal optimist....

4) Comment by phil - 11/09/2012

I hope this does not turn out to be a RESTORE of the pocketbooks of a few individuals who always seem to be hoping for another hurricane, oil spill, etc so they can get more of the free flowing federal tax money or private money.

5) Comment by DMJ - 11/09/2012

BP's paying for it. Re-read the very first sentence. Thanks, President Obama.

6) Comment by joe - 11/09/2012

Wait, why are we using tax-payer money on this? Are you telling me there are no private companies that can invest millions of dollars to profit from cleaning up an oil spill? I have to re-read the Tea Party rule book on this one.

7) Comment by gvm - 11/09/2012

What??? No comment from the conservative peanut gallery? Where are comments from Vitter, Scalise, and the rest of LA's congressional contingent?