Panel urges new ocean protections, trust fundCommission wants $4 billion of $5 billion in oil and gas royalty payments, cabinet-level National Ocean Council John Heilprin Associated Press Writer
The government should set up a trust fund with $4 billion annually from oil and gas royalties to protect and improve the health of the nation’s oceans, Great Lakes and coastal areas, a presidential commission reported April 20.
“Will it be tough to sell? You better believe it. But we’re going to go....
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Area studied larger than U.S. land mass
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