Us National Fish And Wildlife Foundation News

BP's Commitment to GoM Reparation Confirmed

BP says it is supporting economic and environmental efforts in the Gulf of Mexico and is committing huge funding. To date, BP has spent over $14 billion in response and clean-up costs and have paid $9.9 billion in claims, advances and settlements to individuals, businesses and governments. The company has also committed to provide up to $1 billion to fund early restoration projects. In 2011, BP committed $174 million to be distributed to Alabama, Louisiana, Mississippi and Florida over a three-year period to promote tourism, seafood marketing and testing. This is in addition to the $87 million in tourism grants provided to the states by BP in 2010.