The Deepwater Horizon Coastal Restoration Halftime Report

The Deepwater Horizon Coastal Restoration Halftime Report is the topic of an event Monday, February 12 at 10 am to 11 am, Bloomberg Room.

Tim Richardson will host the event releasing a 150-page report on Deepwater Horizon grants made to Gulf Coast states, counties, parishes and NGOs.  

The Deepwater Horizon Halftime Report offers a concise means of assessing where most oil spill coastal restoration funding has gone, including:

• 223 grants of $5 million or more that total $8.4 billion as of October 1, 2023.
• The 223 grants equal 12% of the over 1,800 Deepwater Horizon grants, accounting for 86% of $9.7 billion in total grants awarded.
• 47 states, counties and parishes using RESTORE Bucket 1 are ranked by available funds and percent of funds obligated.

“Halftime” arrives 14 years after the nation’s worst environmental disaster, 12 years after the RESTORE Act passed and eight years until the final BP oil spill environmental damages penalty payment in 2031.

TRPR’s Halftime Report seeks to prompt an assessment of Deepwater Horizon restoration by Congress and the Biden Administration.

State and federal natural resource agencies, Gulf Coast counties, parishes, NGOs and the public are interested in knowing... 

• What has worked well in Deepwater Horizon restoration so far?
• What has not?
• There are 47 different RESTORE Bucket 1 rollouts. Which Bucket 1 path did best?
• How has RESTORE Bucket 1 direct allocations to Florida counties and Louisiana parishes fared?
• Should U.S. Treasury be the agency put in charge of administering grants in a future environmental disaster?
• Have Congress and state lawmakers underfunded natural resource agency staffing given the surge of Gulf Coast funding?
• Did Covid delay projects?
• How much have delayed projects cost coastal restoration goals due to inflation?

Download the report at trpr.info or call or email Tim Richardson 202-352-1269, [email protected]