Saturday, October 4, 2014

BP oil spill money to build $58 million beachfront hotel in Alabama

http://www.nola.com/environment/index.ssf/2014/10/bp_oil_spill_money_to_build_58.html

Officials approved plans Friday to spend $627 million on 44 projects meant to aid recovery from the 2010 oil spill in the Gulf of Mexico, but environmentalist advocates are fuming that $58 million will go to an Alabama beachfront hotel they say will hurt rather than help the gulf. The oil company BP PLC provided $1 billion in 2011 as a coastal restoration down payment after the Deepwater Horizon spill, and the money is meant to restore the environment or improve public access to the gulf.

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