Supporting the RESTORE Act
Legislative update: Thanks to your help, versions of the RESTORE Act have now passed both the Senate and the House of Representatives. Now Congress needs to agree to a final bill and pass it so the president can sign it into law. |
Gulf of Mexico is a national treasure with unparalleled economic and natural resources. The RESTORE Act provides a unique opportunity for restoration to the economy and environment.
The April 2010 Gulf oil disaster was the latest assault on the region’s ecosystems after years of degradation from human impacts and natural disasters like Hurricane Katrina. The continued environmental deterioration of the Gulf Coast poses a growing threat to ecosystems that support not only the regional communities and cultures, but also our nation’s most critical energy, shipping, tourism, commercial seafood and other industries.
The Resources and Ecosystems Sustainability, Tourist Opportunity and Revived Economies of the Gulf States Act of 2011 (the “RESTORE Act”) will invest fines by BP and the other parties responsible for the Gulf oil spill into the Gulf region. The RESTORE Act will help rebuild and strengthen the environment and support America’s economic recovery.
What the RESTORE Act Does
Under current law, the parties responsible for the 2010 oil spill will pay a Clean Water Act (CWA) penalty for each barrel of oil spilled into the Gulf.
If Congress does not enact legislation, the penalties will be spent without regard to the needs of the people and the communities of the Gulf Coast region who suffered as a result of the spill.
Please contact your representatives in Congress to let them know that you support the RESTORE Act, and urge them to pass the bill quickly.
Two official reports on the spill – one conducted by Navy Secretary and former Mississippi Governor Ray Mabus, the other from the bipartisan National Commission on the Deepwater Horizon Oil Spill and Offshore Drilling – recommended that CWA penalties be dedicated to Gulf Coast restoration.
The RESTORE Act creates an essential framework to manage and finance the Gulf Coast recovery. Using 80 percent of the CWA penalties from the Gulf oil disaster, the RESTORE Act establishes a trust account to restore both the economic and environmental health of the Gulf Coast.
A majority portion of these penalties (60 percent) will be allocated to the Gulf Coast Ecosystem Restoration Council, to be spent in two ways:
- Half of the funds will be used to implement the Council’s comprehensive federal environmental plan.
- The other half will be distributed to the five Gulf States based on oil spill impacts and spent according to each individual state’s plan, which will be consistent with the comprehensive federal plan.
A smaller portion (35 percent) will be available to Gulf Coast states to be used within the impacted region for environmental and economic restoration.
The remainder (5 percent) will be dedicated to science and monitoring of Gulf Coast ecosystem restoration and fisheries.
Fifty percent of the accrued interest on the Gulf Coast Restoration Trust Fund funds the Gulf Coast Ecosystem Restoration Science, Monitoring and Technology Program and Fisheries Endowment.
The RESTORE Act - NOW IS THE TIME
The Gulf Region is an Essential Part of the Nation’s Economy
Recovery of the
Gulf Coast is a national economic imperative. Many of the nation’s key economic resources, and the underpinnings of economic production in states far beyond the Gulf Coast, depend upon the Gulf’s fragile and threatened ecosystems.
Restoring the Gulf will make the region more resilient, lessen the potential damage from future hurricanes and flooding, and create tens of thousands of jobs. A healthy ecosystem means a healthy economy, both regionally and nationally.
Gulf energy helps power America. Roughly a third of all domestic oil comes from the Gulf. Ports and other infrastructure supported by the environment are essential to keeping that industry functioning.
Shipping and exports from across the country rely on a healthy Gulf. The Gulf region is home to 10 of our nation’s 15 largest ports by tonnage.
The nation’s seafood industry relies on healthy habitats in the Gulf. The Gulf produces roughly 40 percent of all commercial seafood in the lower 48 states.
Tourism depends on the natural wonders of the Gulf. Restaurant, hotel, and other hospitality workers are part of the Gulf’s $34 billion per year tourism industry.
Action by Congress Has Voter Support Nationwide
A recent national survey showed that 83 percent of likely voters support a proposal to designate fines paid by the parties responsible for the Gulf oil disaster toward restoration of the Gulf Coast and the Mississippi River Delta.
This issue cuts across partisan lines, with support from:
- 90% of Democrats
- 84% of Independents
- 76% of Republicans
Strengthening the environment of the Gulf region will make it stronger and more resilient, so it will continue to be the backbone of our nation’s economy, and a safe home for the communities that make it a national treasure.
This is a priority we can all agree on.
The bipartisan survey was conducted by Lake Research Partners and Bellwether Research and Consulting in April 2011.
The Restore Act – A Unique Opportunity for Restoration
All Restore Act projects would be funded by penalties from the parties responsible for the 2010 oil spill.
Direct payments through both the Gulf Coast Claims Facility and the Natural Resources Damage Assessment (NRDA) process are focused on addressing impacts of the spill. The RESTORE Act is therefore critical to addressing long-term, ecosystem-wide degradation that has left the
Gulf of Mexico vulnerable to repeated disasters.
The RESTORE Act will renew the environmental and economic health of Gulf Coast resources our nation cannot afford to lose.
Use Your Outside Voice to call your Congressman, write to your Senator or attend a town hall meeting.