Life and politics from the Sunshine State's best city

Jeff Greene calls on BP to invest $100 mil a year for 10 years for reparations for oil spill

in Statewide by

Jeff Greene, Democratic candidate for U.S. Senate, called on British Petroleum (BP) to invest $100 million dollars a year for 10 years in an escrow account that Florida can use for alternative energy, environmental cleanup, economic recovery, tourism promotion, and health-related issues as a result of the BP oil spill in the Gulf of Mexico that has now reached the Florida coast. The full policy proposal is included at the end of this post.

“This is the worst environmental disaster in our country’s history. Now that oil from the BP spill has begun to wash onto Florida’s shores, I call upon BP to do the right thing and make a long-term commitment to the people of Florida and make a real financial commitment that will help secure our state’s economy, environment and public health,” said Greene.

The bold proposal by Greene was made during a sit-down discussion with local Pensacola business owners that are concerned for their livelihood due to the oil spill. The economic harm caused by the BP oil spill is a deep concern to Jeff Greene, who is running for U.S. Senate to create jobs and ensure economic security for the Sunshine State.

“Inadequate regulation by our elected officials in the pockets of big oil, and a complete and total failure to plan for this kind of accident, has placed our beaches and our waters, the lifeline of our state, in jeopardy. We need to be prepared for the long-term effects this will have on our state and hold BP accountable. And, while Charlie Crist tries to pretend he didn’t support off-shore drilling, we all know both Crist and [Marco] Rubio supported drilling off the coast of Florida which is a huge mistake,” added Greene.

Meeting participants shared their concerns over how the oil spill would affect local businesses in the fishing, retail, food and tourism industries, just as the summer season gets underway.

“Given recent reports that BP does not expect to be able to fully halt the oil flow until August – BP has an obligation to the hardworking people of Florida whose lives and livelihoods are at stake, to put forth a long-term plan, and set aside the annual funds needed for Florida to address both the existing situation and future problems caused by this catastrophe,” said Greene.

As U.S. senator, Jeff Greene has pledged to revitalize Florida’s economy, create jobs, and get real results. Jeff Greene is the only candidate in the U.S. Senate campaign who is an outsider, has successfully created jobs and won’t take a penny from any special interest and will always put Florida first.


BP should invest $100 million dollars a year for 10 years – $1 billion in total – to be put into an escrow account that Florida can use for environmental cleanup, economic recovery, tourism promotion, health- related issues, alternative energy and other issues that arise as a result of the BP oil spill in the Gulf of Mexico that has now reached the Florida coast.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including,,, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.

Latest from Statewide

Go to Top