News - National
BP establishes escrow fund for Louisiana sand berms
Posted: Jun 4, 2010 7:26 AM by Bea Karnes, News First 5
Updated: Jun 4, 2010 7:26 AM
BP is establishing a $360 million escrow account to fund a project to build six sand berms that Louisiana Gov. Bobby Jindal hopes will protect the state's wetlands from the growing Gulf of Mexico slick. The company said late Thursday it approved the accounts.
The announcement came hours after Jindal urged the British oil giant to start doling out the payments immediately. The federal government on Wednesday ordered BP to pay for the project, which Jindal and other state officials have long sought.
The berms should prevent oil from washing ashore, protecting birds. This pelican was photographed on East Grand Terre Island, Louisiana this week. Wildlife rescue centers are gathering birds daily to clean them. After several days in rehab centers, the birds are released back into the wild.
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