State to spend year studying oil spill impact
Published: July 8,2010
MISSISSIPPI GULF COAST — Gov. Haley Barbour announced a year-long economic impact study by numerous state agencies to examine the effects of the Deepwater Horizon Oil Spill on the Mississippi Gulf Coast.
The study is being coordinated through the Governor’s Office in partnership with the Institutions of Higher Learning, Departments of Employment Security, Environmental Quality and Marine Resources, Mississippi Development Authority, the Department of Revenue and the Gulf Coast Business Council.
The $600,000 study will be funded equally by BP and anticipated grant money from the U.S. Economic Development Administration.
“We need a clear grasp on how this oil spill will impact the State of Mississippi and local communities for years to come,” Barbour said. “We want a picture of exactly how this spill will effect Mississippi businesses, families and communities. This study will help as state leaders, agencies and local governments create long-term coastal restoration plans.”
The study will collect and analyze key economic indicators including employment data, tax revenues and socio-economic information. This data would be used by the team to formulate economic forecasts and the potential impact of the spill on the state’s economy.
To sign up for Mississippi Business Daily Updates, click here.
2 Responses to “State to spend year studying oil spill impact”
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- UMMC reaching out after death of high school football player
- UPDATED: Jackson agrees to repay HUD $1.5 million for Farish Street blunders
- Gov. Bryant intervening in same-sex couple's divorce
- Mad Genius, Eyevox owner acquires Mississippi Film Studios
- Vicksburg mayor marries during lunch break
- Mississippi River mayors announce 'seed money' for waterfront developments
- McDaniel files legal arguments as he looks to overturn Cochran loss
- Tragedy for Jackson Prep: Football player Walker Wilbanks dies
- City leaders vote against offering insurance to one adult, possibly same-sex partner