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NAS receives $350 million endowment from BP settlement with the federal government
Date:11/15/2012

WASHINGTON -- As part of the $4 billion settlement announced today between the federal government and BP concerning the 2010 Deepwater Horizon disaster, the National Academy of Sciences has been asked to establish a new $350 million, 30-year program on human health and environmental protection in the Gulf of Mexico. Below is a statement from Ralph J. Cicerone, president of the National Academy of Sciences.

Statement Regarding New NAS Program on Human Health and Environmental Protection in the Gulf of Mexico

Ralph J. Cicerone
President, National Academy of Sciences

As part of today's Deepwater Horizon $4 billion court settlement between the federal government and BP, the U.S. Department of Justice has asked the National Academy of Sciences to establish a program focused on human health and environmental protection in the Gulf of Mexico. In response and in keeping with its mission, the NAS a private, nonprofit institution chartered by Congress in 1863 to advise the government on matters of science has agreed to bring its resources to bear on this important national priority.

The NAS program will fund and carry out studies, projects, and activities over a 30-year period that draw upon the scientific, engineering, and health expertise of the NAS, National Academy of Engineering, Institute of Medicine, and National Research Council. It will seek to advance scientific and technical understanding to enhance the protection of human health and environmental resources in the Gulf Coast region including issues concerning the safety of offshore oil drilling and hydrocarbon production and transportation in the Gulf of Mexico and on the United States' outer continental shelf. The program will also aim to contribute to the development of advanced environmental monitoring systems.

The legal settlement between the federal government and BP Exploration and Production Inc. requires penalty payments (formally call
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Contact: Molly Galvin
news@nas.edu
202-334-2138
National Academy of Sciences
Source:Eurekalert

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