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Freeport-McMoRan receives Attorney General authorization to resolve coastal claims and last updated 2021-03-04 18:02:40-05 Louisiana Attorney General Jeff Landry announced on Thursday, March 4, that he has authorized an agreement to release Freeport-McMoRan Inc. from all claims for past impacts to the Louisiana Coastal Zone. The agreement will effectively end longtime litigation between the company and coastal parishes in the State. The Attorney General's Office says that while Freeport chose to resolve its liability by this agreement, the fragmented lawsuits that attack industry and ignore f...

They go back out on the water. you take the water away, i don't know what -- what those people are going to do. it goes to some comments senator landrieu offered just yesterday. >> we've always said we're a working coast. we didn't build this coast on condos. we do vacation there, but we didn't build it full of vacation homes. we've built it with a great fishing industry, both commercial and recreation, and the oil and gas industry. half of a family, as you know would fish. the other half would work on the rig. >> joining us now a couple of gentlemen, well versed in the subject. yual smith, ex...

Switch, someone failed in oversight. let me finish up with a final question. >> you may be correct. hold on about the money. tell that for the fishermen out of work. they're looking for a paycheck. >> i am. >> how about the money for the booms? that's expensive. we need more of those. it really is about the money and about being fair to the coastal states. louisiana, texas, mississippi, and alabama, that have been drilling for this oil for years. the nation needs it. we want to share that revenue to protect our coast and protect the environment. you know what, ed? whose fault it is? both the i...