The remaining 20 percent, or $1.33 billion, went to The Oil Spill Liability Trust Fund, a general government fund established in 1986 to aid in oil spill removal and assessment of the damage they have caused. Establishing “ Centers of Excellence,” nongovernmental organizations and academic institutions in the Gulf for science and technology (2.5 percent, $133.3 million).The NOAA Restore Science Program for research to support the long-term sustainability of the Gulf ecosystem, and the recreational, commercial, and charter fishing industry in the Gulf of Mexico (2.5 percent, $133.3 million).A “ Spill Impact Component” for planning and implementing approved state projects, programs, and activities (30 percent, $1.6 billion).Council Selected Restoration Component for a region-wide restoration effort to restore, protect and revitalize the Gulf Coast according to the Council’s Comprehensive Plan (30 percent, $1.6 billion).Treasury, for natural resource restoration or economic improvement efforts in the five Gulf states (35 percent, $1.86 billion) A “ Direct Component,” managed by the U.S.It also included economic damage claims submitted by the five Gulf states and their local governments.Īmount of civil penalties collected from the Clean Water Act and dedicated by the federal RESTORE Act to the Gulf. The settlement ended all civil and criminal penalty claims against the owners and operators of the rig – BP, Anadarko, TransOcean and Halliburton – under the Clean Water Act and the Oil Pollution Act. It was largely settled when a Federal District judge approved the largest environmental damage settlement in United States history – $20.8 billion – on April 4, 2016. What resulted from this one incident was an economic, political, scientific and legal nightmare. Investigations continue into the public health effects on coastal residents and responders who investigated and cleaned up the mess. As many as 8.3 billion oysters were lost. It smothered corals in oil and chemicals, and disrupted the reproductive cycles of commercial and recreational fish - including large fish like bluefin tuna. The damage ranged from wetlands and beaches all the way down to the organisms on the sea floor.
Number of adult oysters lost to the marketplace because of the Deepwater Horizon explosion and spill
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