Edwards also announced that the state will put $115 million from an expected state surplus into the coastal trust fund, and that the state also will receive at least $120 million in federal offshore oil and gas revenue. All of that money will be directed towards coastal restoration and flood protection, he said.
Interesting article about about Louisiana's plan for its environment going forward and how the oil industry plays into that. Surplus!?! I have a hard time believing there's going to be a surplus in Louisiana, it's known for deficits and poor money management. Watch, next year they'll be looking to raise taxes because they can't pay the bills, lol.
Read the full story here...
https://www.nola.com/news/environment/article_1d634622-5413-11ea-b273-bfe67aaa5fac.html
