The Department of Justice reached a $1.4 billion settlement with Transocean for its role in oil giant BP’s 2010 Deepwater Horizon spill, which polluted the Gulf of Mexico with upwards of 4.9 million barrels of petroleum in 2010. “What’s important to understand,” says the Environmental Defense Fund’s Elizabeth Skree, “is that this settlement represents the first significant funding specifically allotted for Gulf Coast restoration.”The settlement funds will be paid under the Clean Water Act, with a portion of those funds being used to restore the Gulf.