1. CPRA Financing Corporation December 18, 2012 Deepwater Horizon Oil Spill

2. Louisiana’s 2012 Coastal Master Plan

3. Our Objectives: Reduce economic losses from storm-based flooding Promote a sustainable coastal ecosystem by harnessing natural system processes Provide habitats suitable to support an array of commercial and recreational activities coast-wide Sustain Louisiana’s unique heritage and culture Provide a viable working coast to support industry

4. Funding Sources from the Deepwater Horizon Oil Spill Natural Resource Damage Assessment Civil and Administrative Clean Water Act Penalties (RESTORE Act) Criminal CWA Penalties

5. Natural Resource Damage Assessment

6. Objective: To make the environment and public whole for injuries to natural resources and services resulting from an incident involving a discharge or substantial threat of discharge of oil. Natural Resource Damage Assessment (NRDA)

7. Coastal Protection and Restoration Authority of Louisiana Stages of NRDA Pre-assessment Injury Assessment and Restoration Planning Restoration Implementation

8. NRDA Early Restoration $300M for state sponsored restoration projects selected by DOI and NOAA $500M split equally among Gulf State Trustees $200M split equally among Federal Trustees

9. “Louisiana Plan” Projects Oyster Re-establishment Program (Louisiana Oyster Cultch Project) Cheniere Ronquille Barrier Island Restoration Lake Hermitage Additional Increment (NRDA Early Restoration Project) Bay Side Segmented Breakwater at Grand Isle Saltwater HatcheryWest Grand Terre Beach Nourishment Shell Island RestorationWest Grand Terre Stabilization Chandeleur Islands RestorationBarataria Basin Barrier Shoreline Restoration - Caminada Headland Biloxi Marsh Shoreline ProtectionCaillou Lake Grand Liard Marsh & Ridge Restoration*

10. Clean Water Act (RESTORE Act)

11. RESTORE Act Signed into law on June 29, 2012 Directs civil and administrative Clean Water Act penalties into the Gulf Coast Ecosystem Restoration Trust Fund – Directs 80% of administrative and civil CWA penalties from the DWH spill to the trust fund – The remaining 20% will be directed to the Oil Spill Liability Trust Fund pursuant to current law The actual amount of the CWA penalties has not been resolved.

12. RESTORE Act Overview Interstate Ecosystem Restoration Council Equal-Share State Allocations Impact-Based State Allocations 30% (+ 50% of the interest) 35% 2.5% (+25% of the interest) Centers of Excellence Research Grant Program 2.5% (+25% of the interest) Restoration Science, Observation, Monitoring, and Technology Program 2.5% (+25% of the interest)

13. Criminal Fines and Penalties

14. $4 billion in criminal fines and penalties paid over 5 years BP agreed to plead guilty to 14 counts 11 counts of felony manslaughter 1 count felony obstruction of Congress 1 misdemeanor violation of CWA 1 misdemeanor violation of Migratory Bird Treaty Act 5 years of probation Cooperation in criminal investigations Criminal Fines and Penalties

15. $4b Criminal Penalty

16. Questions?