Requests the Coastal Protection and Restoration Authority to include compensatory mitigation for fisheries impacts in the calculation of project costs for coastal restoration projects contained in the coastal master plan and annual plans
This legislation is set to influence state policies related to coastal management by mandating that all coastal restoration projects include funding for compensatory measures aimed at addressing any adverse impacts on local fisheries. This action reflects an acknowledgment of the extensive economic contributions made by fisheries to Louisiana's economy and culture. By ensuring that these costs are factored into the overall budget for coastal projects, the state aims to promote more sustainable practices that consider the livelihoods of those within the fishing community.
HCR66 is a resolution that urges the Coastal Protection and Restoration Authority (CPRA) of Louisiana to incorporate compensatory mitigation costs for fisheries impacts into the overall project costs for coastal protection and restoration efforts. The resolution highlights the importance of accounting for the economic and cultural significance of the fishing industry in Louisiana when implementing integrated coastal protection projects. It particularly emphasizes that the existing cost estimates have overlooked the financial implications of potential damage to vital fisheries during coastal restoration efforts.
The sentiment surrounding HCR66 is generally supportive among stakeholders in the fishing industry, who see it as a necessary step to safeguard their interests during coastal restoration projects. Fishermen and related trade organizations advocate for their incorporation in planning processes, believing it is critical for maintaining economic stability. However, there is potential for contention among those who might perceive the added costs as burdensome or unnecessary within the broader scope of funding for public infrastructure.
The notable points of contention arise from the balance between the need for coastal protection and the financial implications of compensatory measures for fisheries. Critics of including compensatory costs argue that it could complicate the funding landscape for coastal projects, potentially delaying essential restoration work. Conversely, supporters argue that failing to include these costs could lead to long-term economic detriment to the fisheries, ultimately harming the coastal economy. This tension underscores the broader debate over resource allocation in environmental and economic policies.