<img src="http://i.imgur.com/NG0Wg7c.jpg" this page width=’250px’ align=’left’ /> “The problems are real. We need to deal with them now,” Midboe told the executives. “The public funding get redirected here needed to medical interview nottingham protect this infrastructure is going to fall far short.” The task force, Midboe explained, would identify restoration projects that could protect the industry’s hard assets. Member dues would cover operational costs, and companies that would benefit from projects would share the cost of construction. The oil and gas sector is already losing an average of $14 billion a year to environmental threats to its infrastructure, according to a study by America’s Wetlands Foundation and Entergy Corp. By 2030, those losses could exceed $350 billion. The America’s Wetlands Foundation has already partnered with ConocoPhillips, Chevron Corp. and CITGO Petroleum Corp. to build a one-mile, $1 million pilot project mitigating erosion along the Gulf Intracoastal Waterway, a shipping route used by oil and gas companies. “I would think that the larger investors in Louisiana would be willing to look at this as part of their long-term business plan,” Val Marmillion, managing director of America’s Wetlands, said. “We can figure out a way to do these projects.” But so far there is little sign that companies are clamoring to spend the millions — or billions — of dollars needed.
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