HomeEnvironmentLegislation will strengthen funding sources for coastal restoration by sharing revenue from...

Legislation will strengthen funding sources for coastal restoration by sharing revenue from offshore wind power

(Washington) June 17, 2021-The new bipartisan legislation proposed in the Senate today will change current policy to allow states to share the revenue generated from offshore wind power projects located in federal waters for the first time and use these funds for coastal restoration . The bill will also pass the 2016 Gulf of Mexico Energy Security Act to strengthen coastal restoration funding from oil and gas revenues.

The Coastline Economy and Ecosystem Reinvestment (RISEE) bill proposed by Senators Sheldon Whitehouse (D-RI) and Bill Cassidy (R-LA) ensures that sufficient funds are provided for coastal restoration, which means that coastal countries will be more prepared and Can mitigate the effects of climate change, including increased storm frequency and intensity, increased flooding, sea level rise, and coastal erosion.

“It is important to restore our coasts, not only to solve our climate crisis, but also to protect the damaged communities,” Sarah Greenberg said. Senior Vice President of Protection Policy In the National Audubon Society. “When we restore coastal habitats such as wetlands, they can more effectively absorb floods and carbon dioxide, reduce the impact of storms, and at the same time serve as an important tool to curb climate emissions.”

The bill will increase the offshore wind, oil and gas revenues of the National Ocean and Coastal Safety Fund and the Land and Water Protection Fund. The National Ocean and Coastal Safety Fund will be used to reduce the impact on wildlife, restore coastal areas, strengthen hurricane protection, and support the integrated marine and coastal protection management plan approved by the federal government. The Soil and Water Conservation Fund is committed to restoring natural landscapes, enhancing recreation and protecting wildlife.

“By deriving revenue from energy, we are reducing the impact of oil and gas extraction, while encouraging investment in clean wind energy,” Greenberg said. “We will not only protect our favorite birds, but we will also use these funds to support communities and habitats that are particularly vulnerable to climate change.”

2019 Audubon Report It is found that unless the global temperature rise slows down, two-thirds of North American birds will face extinction. Clean energy such as offshore wind is the key to the survival of billions of birds. National Audubon Society supports responsible location of wind energy projects Minimize, mitigate and avoid harmful effects on birds and other wildlife, and reduce harm to communities that have historically suffered the most severe impacts of climate change.

About Audubon

This National Audubon Society Protect the birds and where they need it today and tomorrow. Audubon uses science, advocacy, education, and field protection to work across the Americas. State programs, nature centers, chapters, and partners provide Audubon with an unparalleled wingspan that affects millions of people every year to inform, inspire, and unite different communities to participate in conservation activities. Founded in 1905, Audubon is a non-profit conservation organization. He believes in the world in which humans and wild animals thrive. to know more information www.audubon.org And @audubonsociety on Facebook, Twitter and Instagram.

Media Contact: Robyn Shepherd, robyn.shepherd@audubon.org

Source link


Most Popular

Recent Comments