Panel Wants BP Fines to Pay for Gulf Restoration

New York Times, Tuesday, September 28, 2010

A panel led by Navy Secretary Ray Mabus has suggested that congress use billions of dollars in fines expected from BP to create a fund dedicated to repairing the ecological, economic, public health and psychological damage caused by the Deepwater Horizon oil disaster. “The gulf took the risk and the gulf took the damage and the money should be dedicated to going back there,” Mabus said.