Vol. 19: The Oil Spill


The Oil Spill

The oil spill in the Gulf of Mexico is a highly complex event, in some ways more so than even Katrina. Its implications extend beyond the fishing and petroleum industries of Louisiana, around the globe; its magnitude and the extent of damage are unclear, and may be for years; and, compensation is complicated by shared and capped liability.

And yet, like Katrina, out of the challenges of this event can also come opportunity: both near-term opportunity related to clean-up and remediation, but also long-term related to the coast of Louisiana; the science of deep water exploration; and, how we balance our environment and our economy in order to create a vibrant place to live and work – a global model for job creation and sustainability.
GNO, Inc. is helping to manage the oil spill and move our community towards opportunity in a number of ways:

  • Economic Impact Survey – In partnership with local organizations, we are reaching out to companies in our region that could be impacted to ascertain potential effects, and ways to mitigate. To see preliminary results of the survey, click here.
  • Connections and Information – We are actively connecting potential participants in the near- and mid-term response to the spill with the central players; and, providing key information to the community on an on-going basis on our website
  • Strategy Development – As part of our soon-to-be announced GreenN.O. initiative, we are developing the strategy that will allow Louisiana and the New Orleans region the opportunity to emerge from this event not only conserving our critical industries like oil & gas and fishing, but also with new opportunity relative to coastal management and sustainability.

Thank you for your support during these dynamic and challenging times.

Economic Development News

N.O. Jobless Rate Lowest Among Largest U.S. Metro Areas
Full story…

Business Group Backs Jindal College Act
Full story…

New Orleans Real Estate Market is Healthier Than Rest of the Country, Speaker Says
Full story…

N.O. Area Workers Earned Highest Weekly Wage in 3Q
Full story…

National Economy Will Recover Slowly, But Economist Says LA Will Get Energy-Related Boost
Full story…

Saints’ Super Bowl Win Has Helped Bolster Rankings in Local Hospitality Industry
Full story…

CityBusiness Special Foucs: NO’s Fastest Growing Companies
Full story…

Education ‘Revolution’ in New Orleans
Full story…

Louisiana Economic Development Ranked Second-Best State Development Agency in Nation
Full story…

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Around the Region

Announcements and Events

NORLI Ten Year Family Reunion
May 15, 2010
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GNO, Inc. Legislative Luncheon
May 25, 2010
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NORLI Ten Year Family Reunion
May 15, 2010
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Tangipahoa Economic Development Foundation 2010 Spring Luncheon
May 13, 2010
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American Red Cross, Southeast Louisiana Chapter Business Preparedness and Continuity Conference
May 21, 2010
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Southeast Louisiana Meta-Leadership Summit for Preparedness
June 3, 2010
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Do you have news or events that you would like to share in our upcoming editions? Let us know…
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