Great Lakes cleanup may reap big benefits

Sep 07, 2007

A Brookings Institution study suggested that restoring the health of the U.S. Great Lakes could create $50 billion in economic benefit for the area.

The cost-benefit analysis showed efforts to improve the health of the Great Lakes -- beset by invasive species, sewage contamination toxic pollution and other threats -- would generate nearly two times the economic gains compared with such a project's cost.

"A tremendous opportunity exists to restore the lakes, reinvigorate the region's economy, and boost the competitiveness of the nation," said Robert Litan of the Kauffmann Foundation, a Brookings senior Fellow who led the study. "The report makes a compelling case for Congress to act now to restore the lakes by passing the Great Lakes Collaboration Implementation Act."

The researchers determined the Great Lakes region could gain at least $50 billion in long-term economic benefits from a restoration investment of $26 billion. That's a net gain of at least $24 billion from increases in tourism, the fishing industry, recreational activity and home values, the study said.

Copyright 2007 by United Press International

Explore further: Managing land into the future

add to favorites email to friend print save as pdf

Related Stories

Weathering the storm

Sep 03, 2014

Old-timers sharing childhood stories about growing up in Maine sometimes recount hiking 10 miles uphill in 3 feet of snow to get to school—and home.

Invasive insect threatens iconic Florida citrus

Aug 24, 2014

The tourists stream to Florida in their cars, intent on a week at Disney or a sugar-sand seashore or a nonstop party on South Beach. Road weary and thirsty, they pull over at one of the state's five official ...

China arms itself for difficult 'war on pollution'

Jul 08, 2014

Having declared "war on pollution", China is arming itself with tougher weapons from new courts to daily fines and shutting down offenders altogether, in what analysts call promising steps but no guarantee ...

Plastic tide 'causing $13 bn in damage', UN says

Jun 23, 2014

The dumping of plastic waste into the world's oceans is causing at least $13 billion a year of damage, threatening marine life, tourism and fisheries, the United Nations warned Monday at the launch of a global ...

Recommended for you

Managing land into the future

3 hours ago

Food production is the backbone of New Zealand's economy—and a computer modelling programme designed by a Victoria University of Wellington academic is helping ensure that farming practices here and overseas ...

Is TV coverage of climate change too focused on disaster?

3 hours ago

TV news bulletins also gave much less air time to other potential focuses – the uncertainty surrounding climate change, the opportunities it presents and the explicit risks it presents, says the study published ...

User comments : 0