Latest news: January 19, 2012
By Brian Swint, Bloomberg News. January 19, 2012.
“BP Plc (BP/), the operator of the Macondo well that caused the worst U.S. oil spill in the Gulf of Mexico in 2010, may reach a settlement with the U.S. for as much as $25 billion, Morgan Stanley said…”
By Mark Schleifstein, The Times-Picayune. January 19, 2012.
“Louisiana would spend $923 million on hurricane protection and coastal restoration projects during fiscal year 2013, including $161 million to pay part of the state’s share of the upgraded New Orleans area hurricane levee system, and $23 million toward the Morganza to the Gulf levee protecting Houma, according to a draft plan presented to the Coastal Protection and Restoration Authority on Wednesday…”
By Mike Hasten, The News Star. January 18, 2012.
“BATON ROUGE — A proposed master plan for protecting and restoring Louisiana’s coast won’t make everybody happy, says Garret Graves, chairman of state panel charged with the task, but it’s a plan that can protect the state from further ruin from storms…”
By Cara Bayles, The Daily Comet. January 18, 2012.
“A proposal that would allow companies to invest in coastal wetland-restoration projects could bring $5 billion to $15 billion into Louisiana over the next 40 years…”
By Mike Hasten, The News Star. January 18, 2012.
“BATON ROUGE — A report by Louisiana civil engineers says the state’s roads, bridges, levees, dams and other infrastructure need serious improvements, and the primary culprit behind the problem is lack of funding…”
By Rebecca Mowbray, The Times-Picayune. January 18, 2012.
“People settling oil spill claims against BP who are not also involved in lawsuits will not have to set aside 6 percent of the settlement to pay lawyers, a federal judge ruled Wednesday…”