Gov. Riley Wants Compensation for Damage to Marine Environment
Posted on Jun 12, 2006 in Environmental, LNGLawBlog, Policy, Legislation and Politics, State and Local Issues | Comments Off on Gov. Riley Wants Compensation for Damage to Marine Environment
Following the withdrawal of ConocoPhillips’ proposal to build an open-loop LNG terminal off the Alabama coast, Gov. Bob Riley told the Mobile Register that any company planning “significant developments” that would affect the state’s marine environment should have to compensate Alabama for any “disproportionate damage.” Instead of filling a general fund, Riley added, compensation should finance remediation efforts directly. If ConocoPhillips resubmits its application with a closed-loop design, operation of the facility is expected to cost $40 million more per year, in addition to any compensatory contributions the state of Alabama may mandate through legislation.