Louisiana Cancels $3 Billion Coastal Restoration Project
Louisiana has canceled a $3 billion project to repair its eroding Gulf Coast, funded by the 2010 Deepwater Horizon oil spill settlement. Governor Jeff Landry deemed the project a threat to the state's way of life, while conservationists viewed it as a crucial response to climate change. The cancellation could result in Louisiana losing over $1.5 billion in unspent funds and potentially repaying the $618 million already invested. The project, aimed at rebuilding wetlands by diverting sediment-laden Mississippi River water, was halted due to escalating costs and concerns about its impact on local fisheries. The state plans a smaller, cheaper alternative, but environmental groups strongly oppose this, arguing it's insufficient to address coastal erosion.