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How are the Funds Recovered by Trustees for Natural Resource Damages to be Used?

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How are the Funds Recovered by Trustees for Natural Resource Damages to be Used?

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Sums recovered for NRD are available for use only to restore, replace, or acquire the equivalent of a natural resource and to reimburse the Trustees’ cost of assessing damages [CERCLA 107(f)(1); OPA 1006(f)]. Under OPA, any amounts in excess of those required for these reimbursements and costs are to be deposited in the Oil Spill Liability Trust Fund [OPA 1006(f)].

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