BP To Foot $10M Bill For New Gulf Restoration Projects

Law360, New York (February 4, 2013, 6:59 PM EST) -- Environmental regulators are slated Tuesday to approve about $10 million in environmental restoration projects for damage from the Deepwater Horizon oil spill, dipping into the $1 billion BP PLC has agreed to provide for early restoration work in the Gulf Coast.

The U.S. Department of the Interior and other state and federal agencies overseeing natural resource remediation will greenlight a $4.6 million plan to improve bird habitats and a $4.3 million project to improve nesting areas for loggerhead sea turtles, according to a Federal Register notice....
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