Greens Fume Over Obama’s Bid To Divert Gulf Restoration Funding

"National environmental groups today blasted an Obama administration proposal to divert more than $3 billion in future oil and gas revenues due to Gulf Coast states to pay for land conservation, rural counties, wildlife grants, coastal restoration or other 'national priorities,' warning that such a move would stymie coastal restoration projects in Louisiana.

The proposal tucked within Obama's $4 trillion fiscal 2016 budget request has set off a firestorm of opposition among Gulf Coast lawmakers and drew a scathing review this morning by the editorial board of the New Orleans Times-Picayune.

Today it was opposed by the Environmental Defense Fund, National Wildlife Federation, National Audubon Society and Lake Pontchartrain Basin Foundation, groups that have invested heavily in restoring the eroding Gulf coastline."

Phil Taylor reports for Greenwire February 4, 2015.

Source: Greenwire, 02/06/2015