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How Florida, Gulf Coast states will divide BP oil spill settlement

in Statewide/Top Headlines by

Most of the $18.7 billion proposed settlement that BP reached over its 2010 Gulf of Mexico oil spill would go to five Gulf Coast states, if the deal is approved by a judge. A portion of the settlement is not assigned to any particular state. Here’s how the state-specific money breaks down, with payments to states being made over nearly two decades: ALABAMA Alabama would receive $2.3 billion. Gov. Robert Bentley said the settlement would steer $1.3 billion for coastal…

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Kathy Castor: BP settlement ‘once-in-a-lifetime’ opportunity for economic recovery

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Florida, the federal government and other Gulf Coast states announced an agreement on Thursday with oil producer BP to resolve years of legal claims over the 2010 Gulf of Mexico oil spill. The historic resolution, tentatively set at $18.7 billion, will be the largest environmental settlement ever. Payments, to be split among Louisiana, Mississippi, Alabama, Florida and Texas, is in addition to $28 billion BP already spent on clean-up response, remediation and compensation. Florida’s share of the deal could be over…

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DEP and FWC respond to record BP settlement, applauds Gulf Coast recovery progress

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BP has agreed to pay a record $18.732 billion to resolve claims by five Gulf States of violating the Clean Water Act, harming natural resources, and other economic damages from the 2010 Deepwater Horizon oil spill. As a part of the agreement announced Thursday, Florida will receive at least $3.25 billion. The overall deal has BP on the hook for more than $3 billion above the $43.8 billion initially set aside for dealing with the worst offshore spill in U.S.…

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Florida, Gulf states reach $18.7B settlement with BP over oil spill

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Officials in Florida, Alabama, Mississippi and Louisiana have announced an $18.7 billion settlement with BP that resolves years of litigation over the 2010 Gulf of Mexico oil spill. Thursday’s settlement announcement comes as a federal judge was preparing to rule on how much BP owed in federal Clean Water Act penalties after well over 125 million gallons of oil spewed into the Gulf. BP has said its spill-related costs already exceed $42 billion – even without the Clean Water Act…

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SEC to ‘substantially’ increase fines for rushing fields

in Sports by

The Southeastern Conference has been fining its schools for rushing fields and storming courts since 2004. Now, a decade later, those penalties are going up. Way up. The league plans to “substantially” increase fines for teams that violate its on-field policy. SEC Commissioner Mike Slive indicated that the new starting point would be around $50,000 – 10 times more than the previous fine for first-time offenders. “You’re in the range,” Slive said Wednesday. “As far as I’m concerned, that’s real…

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Gulf anglers at odds over new rules for prized fish

in Apolitical/Top Headlines by

Fishing boats stream out of the pass leading from Destin Harbor into the Gulf of Mexico most any spring day, and the flow becomes a flood once the season opens for red snapper, the region’s most popular prize. New rules for catching the tasty fish are giving hope to commercial charter boat captains from Florida to Texas that the 2015 season will be one of their best in years, yet those same regulations have recreational anglers crying foul about what…

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Kendrick Meek tells Watermark his stance on LGBT issues

in Statewide by

With another election year upon us, television campaigns and newspaper ads for politicians running for various positions have flooded our daily lives. While Florida faces many issues important to all residents, Watermark wants to focus on specific LGBT issues. Congressman Kendrick Meek, Democratic candidate for the United States Senate took a few minutes to speak with Watermark to discuss some of the tough issues that are important to our readers. Here are his answers to questions pertinent to Florida’s LGBT…

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