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Full Details of $20.8 Billion BP Deepwater Horizon Settlement Released for Public Comment

October 5, 2015
U.S. Department of Justice announces full details of $20.8 billion settlement resolving outstanding economic and environmental claims from the BP Deepwater Horizon oil disaster.

Today, the U.S. Department of Justice announced that the full details of a $20.8 billion settlement resolving outstanding economic and environmental claims from the BP Deepwater Horizon oil disaster are now available for public comment. This consent decree provides further details for the agreement in principle that BP and the U.S. Department of Justice released in July. Also released today is an extensive, high-level restoration planning document that will guide spending of $8.1 billion to restore the natural resource damages related to the oil disaster.

The following is a statement from Bethany Carl Kraft, Director of Ocean Conservancy’s Gulf Restoration Program*: