September 06, 2005

Expendable and Expense

Parishes Against Coastal Erosion (PACE) Response to the Bush Administration's June 14, 2005 Policy Statement on the Proposed Energy Act of 2005 By Parishes Against Coastal Erosion

Louisiana's congressional delegation has urged Congress for more than a decade to return to the state a fair share of the revenue from the production of offshore oil and gas both because of the impact of offshore production on Louisiana and because interior states get 50% of revenues from oil and gas production on federal lands. The president has supported the concept, but has backed off when it comes to funding the restoration effort.

PACE believes Louisiana can no longer afford to wait. Louisiana urgently needs guaranteed resources to thwart a catastrophe that is not being given the sense of urgency that it demands. Our Louisiana legislature this month passed a constitutional amendment requiring any new offshore oil and gas revenue to be put in a trust fund dedicated to coastal erosion. Louisiana has made a commitment.

Now, it's time for the President to step up to the plate and support funding to prevent the untold damage to the ecology, economy and potential loss of life in large numbers. With the National Hurricane Center predicting another active hurricane season, PACE President Aaron Broussard said he fears that it is going to take a major storm and significant loss of life before the nation acts responsibly. Please contact Jefferson Parish President and PACE President, Aaron Broussard
(THANKS Tim F.)