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The Economics of Everglades Restoration

2005-01-01 Business & Economics
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Release : 2005-01-01
Genre : Business & Economics
Kind : eBook
Book Rating : 652/5 ( reviews)

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Book Synopsis The Economics of Everglades Restoration by : Richard Weisskoff

Download or read book The Economics of Everglades Restoration written by Richard Weisskoff. This book was released on 2005-01-01. Available in PDF, EPUB and Kindle. Book excerpt: 'The book provides valuable contributions on three related fronts: It places past and current debates on ecosystem restoration of the Everglades in a clear systems context that acknowledges feedback between ecosystem quality and economic growth; shows for the case of the Everglades that good intentions of providing generous financial support for restoration may lead to undesired effects that actually run counter to the original goal; and demonstrates the use of regional modeling tools to develop consistent baseline forecasts and alternative scenarios.' - Matthias Ruth, University of Maryland, College Park, US The restoration of the Florida Everglades, the largest ecosystem restoration project in the world, is now underway. Missing from the original plan, however, is a study of the region's cities and farms and the economic impact their growth will make on this already endangered ecosystem. This book provides that analysis.

Measuring the Economic Benefits of America's Everglades Restoration

2010 Everglades (Fla.)
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Release : 2010
Genre : Everglades (Fla.)
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Book Synopsis Measuring the Economic Benefits of America's Everglades Restoration by :

Download or read book Measuring the Economic Benefits of America's Everglades Restoration written by . This book was released on 2010. Available in PDF, EPUB and Kindle. Book excerpt: Everglades restoration will have important and significant economic impacts on several basic services provided by this massive and complex ecosystem. We have split these services into six distinct divisions. For each of these categories, we conservatively estimated, using best available data and economic methods, the increase in economic value of a restored Everglades ecosystem. Our analysis strongly suggests that restoration of the Everglades as described and planned in CERP will have large economic benefits. Our best estimate is that restoration will generate an increase in economic welfare of approximately $46.5 billion in net present value terms that could range up to $123.9 billion. The return on investment, as measured by the benefit-cost ratio, assuming a cost of restoration of $11.5 billion, is also high and significant, 4.04, which means for every one dollar invested in Everglades restoration $4.04 dollars are generated. Everglades restoration will also have an incremental impact on employment of about 442,000 additional workers over 50 years. In addition, the Corps of Engineers estimates there will be 22,000 jobs created as a result of the actual restoration projects. Throughout our analysis, we have taken a very conservative approach to estimation. Accordingly our best estimates almost surely understate the return on investment of Everglades restoration.

Evaluation of Economic Benefits of the Everglades Protection Area Under Environmental Damage Scenarios

1992 Water-supply
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Release : 1992
Genre : Water-supply
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Book Synopsis Evaluation of Economic Benefits of the Everglades Protection Area Under Environmental Damage Scenarios by : Hazen and Sawyer

Download or read book Evaluation of Economic Benefits of the Everglades Protection Area Under Environmental Damage Scenarios written by Hazen and Sawyer. This book was released on 1992. Available in PDF, EPUB and Kindle. Book excerpt:

Comprehensive Everglades Restoration Plan: Additional Water Quality Projects May be Needed and Could Increase Costs

2000
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Release : 2000
Genre :
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Book Synopsis Comprehensive Everglades Restoration Plan: Additional Water Quality Projects May be Needed and Could Increase Costs by :

Download or read book Comprehensive Everglades Restoration Plan: Additional Water Quality Projects May be Needed and Could Increase Costs written by . This book was released on 2000. Available in PDF, EPUB and Kindle. Book excerpt: The South Florida Ecosystem Restoration Initiative is a complex, long-term effort to restore the South Florida ecosystem, which includes the Everglades. Because water is key to restoring the ecosystem, one of the initiative's major goals is 'getting the water right'-or improving the quality, quantity, timing, and distribution of water in the ecosystem. The primary means of achieving this goal is through the U.S. Army Corps of Engineers' Comprehensive Everglades Restoration Plan (the Plan). Although achieving the right quantity, timing, and distribution of water is important, improving its quality is critical to sustaining and restoring the South Florida ecosystem. The Plan represents one of the most ambitious restoration efforts the Corps has ever undertaken; it contains 66 individual projects that are scheduled to take more than 20 years to complete."2 Implementing the Plan is currently estimated to cost $7.8 billion-a cost that will be snared equally by the federal government and the state of Florida. We are here today to discuss our report,3 which is being released today, on (1) the role of the Corps' Comprehensive Everglades Restoration Plan in addressing the major water quality concerns in the ecosystem and (2) modifications that may be needed as the Corps implements the Plan after it has been authorized by the Congress.

Public Preferences and Economic Values for Restoration of the Everglades/South Florida Ecosystem

1999 Ecology
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Release : 1999
Genre : Ecology
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Book Synopsis Public Preferences and Economic Values for Restoration of the Everglades/South Florida Ecosystem by :

Download or read book Public Preferences and Economic Values for Restoration of the Everglades/South Florida Ecosystem written by . This book was released on 1999. Available in PDF, EPUB and Kindle. Book excerpt:

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