Public, private funds may curb Gulf Coast risk: study

摘要

New Orleans-Extreme losses in oil, natural gas and utility properties along the Gulf Coast over the next 20 years can be averted or mitigated by billions of investment dollars by the public sector and private industry, according to a report released October 20 by Entergy Corporation and America’s Wetland Foundation. The study found that the Gulf Coast is vulnerable to more than $350 billion in economic losses by 2030--more than 30% in the coastal oil and gas sector.