$32M plan to pay for Cosco Busan oil spill damage

March 2, 2012 9:39:40 AM PST
Six federal and state agencies have announced a final plan for spending more than $32 million to pay for environmental damage caused by the Cosco Busan oil spill. More than 53,000 gallons of fuel spilled into the Bay after the oil tanker ran into a Bay Bridge tower in 2007.

The money will be used to improve recreational uses of the Bay and beaches, restore bird and fish life and improve habitat in marshes and mudflats. The money comes from a settlement reached between the agencies and the Hong Kong based owner of the container ship.