BP pledges $5 Million to LSU

BATON ROUGE, LA (KPLC) -BP today announced significant progress in its half-billion dollar pledge to the Gulf of Mexico Research Initiative (GRI). Louisiana State University will be getting $5 Million for high-priority studies of the distribution, composition and ecological interactions of oil and dispersant.

The $5 million to LSU is part of GRI's commitment to provide $10 million over 10 years to the university. This was announced by GRI at its launch on May 24, 2010. This funding is in recognition of LSU's significant experience in dealing with the oil and gas industry, and its deep multi-disciplinary knowledge of the Gulf of Mexico and the Gulf region.

"Being selected to receive funds from BP to conduct research into the impacts of oil spills and dispersants on the environment is truly a testament to the high-caliber research expertise of our faculty," said LSU Interim Vice Chancellor for Research & Economic Development Doris Carver. "These grant dollars will allow our researchers to put their expertise to work to help understand the environmental impacts of oil spills and to develop solutions to help mitigate those impacts."

On May 24 BP announced a commitment of up to $500 million to the GRI open research program to study the impact of the Deepwater Horizon incident, and its associated response, on the environment and public health in the Gulf of Mexico.