Cao Discloses Details of Oil Spill Report; Vows to Push for Louisiana’s Fair Share

September 28, 2010

NEW ORLEANS – Today, Congressman Anh “Joseph” Cao announced release of a report from U.S. Navy Secretary Ray Mabus, the Obama Administration’s point man in charge of Gulf Coast restoration from the BP Deepwater Horizon oil spill.

The report calls for, among other things:

Creation of a Gulf Coast Restoration Fund with $5-19 billion in civil fines paid by BP, the largest portion to be dedicated to environmental and economic restoration in Louisiana and other spill-affected Gulf Coast states;

Establishment of a Gulf Coast Restoration Task Force comprised of representatives from various branches of federal and state governement as well as Gulf tribal organizations to manage the fund;

Congressional authorization of a Gulf Coast Recovery Council to oversee long-term coastal restoration, with a Presidentially-appointed Gulf Coast Ecosystem Restoration Task Force to serve in the interim;

Expedited release by the Interior Department of approximately $600 million under the Coastal Impact Assistance Program for coastal restoration.

Cao said, “The largest share of the Gulf Coast Restoration Fund should come to Louisiana, because we suffered the greatest harm, both environmentally and economically. I will be pushing hard or an equitable distribution to make sure Louisiana gets its fair share.”

Cao joined Mabus and EPA Administrator Lisa Jackson for a news conference at the Port of New Orleans to announce release of the report.

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