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Coastal restoration financing is uncertain, but Louisiana has ideas to find $50 billion

April 3, 2014

Raising $50 billion for the ambitious Master Plan to rebuild the Louisiana coast was never going to be easy. Though the BP oil spill will yield billions of dollars for projects, the state still could come up $20 billion short. To close the gap, the state will try to change how the Mississippi River is dredged and will consider pollution-credit programs.