Benefit Project for Great Lakes Restoration

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    Benefit Project for Great Lakes Restoration

    2007 September -   Restoring the health of the 
    Great Lakes will create $50 billion in economic benefit for the region, 
    about twice what it will cost to restore the lakes, according to a new 
    cost-benefit analysis, conducted by the Brookings Institution Metropolitan 
    Policy Program. 
    The report was released Wednesday on the eve of the 3rd Annual Great Lakes 
    Restoration Conference which opens today in Chicago. 
    "This new report confirms in dollars and cents that the health of the 
    Great Lakes economy depends on the health of the Great Lakes," said Robert 
    Litan, a Brookings Senior Fellow and vice president for research and 
    policy at the Kauffman Foundation, who led the team of researchers who 
    conducted the study. 
    The report estimates that cleaning up the lakes would also yield $30 to 
    $50 Billion in short-term economic activity. 
    "A tremendous opportunity exists to restore the lakes, re-invigorate the 
    region's economy, and boost the competitiveness of the nation. The report 
    makes a compelling case for Congress to act now to restore the lakes by 
    passing the Great Lakes Collaboration Implementation Act," he said. 
    The group of five large lakes on or near the Canada-United States border 
    are the largest group of fresh water lakes on Earth, containing 20 percent 
    of the world’s fresh surface water. 
    The report, "Healthy Waters, Strong Economy: The Benefits of Restoring the 
    Great Lakes Ecosystem," concludes the economic gains will come from 
    increases in tourism, the fishing industry, recreational activity and home 
    values. 
    The report projects that some of the restoration funds would go towards 
    modernizing wastewater treatment systems to reduce sewage and other 
    contamination that will mean fewer beach closings and improved water 
    quality. 
    Some funding would go towards stopping invasive species and increasing the 
    supply of fish in the Great Lakes to avoid the dislocation of 
    sport-fishery workers and assets. 
    Some funding would restore and protect wildlife habitat for birds and 
    waterfowl for naturalists and hunters. 
    Removing contaminated sediment in areas of high concern to reclaim 
    communities and increase property values is another funding priority. 
    "The conference is intended to light a fire under Congress, the President 
    and presidential candidates to restore the Great Lakes because the 
    problems only get worse and more expensive the longer we wait," said Tom 
    Kiernan, president of the National Parks Conservation Association and 
    co-chairman of the Healing Our Waters-Great Lakes Coalition. 
    "The conference will make clear that industry, business and conservation 
    groups agree: The Great Lakes are vital to the region, and it is time to 
    act so that we can protect our lakes, our National Parks, our economy, our 
    drinking water and our way of life," Kiernan said. 
    The intensified effort to restore the Great Lakes comes as Illinois 
    congressional leaders such as Senator Richard Durbin and Congressman Rahm 
    Emanuel, both Democrats, and Congressman Mark Steven Kirk, a Republican, 
    are calling for Great Lakes protections. 
    "The conference comes at a critical time for the Great Lakes and the 
    millions of people who rely on them for their jobs, their health and their 
    way of life," said Andy Buchsbaum, director of the Great Lakes office of 
    the National Wildlife Federation and co-chairman of the Healing Our 
    Waters-Great Lakes Coalition. 
    "The threat is urgent. The solutions are clear," he said. "We intend for 
    the conference to inspire those holding office, and seeking office, to 
    commit themselves to restoring the Great Lakes." 
    The conference will feature some of the region’s top scientists to reveal 
    the state of the Lakes’ health. Policy staff from the major 2008 
    presidential campaigns have been invited to talk about their candidates’ 
    environmental and Great Lakes platforms. 
    "Every day, new news about a new threat to the Great Lakes is hitting the 
    headlines," said Cameron Davis, president of the Alliance for the Great 
    Lakes and incoming co-chairman of the Healing Our Waters-Great Lakes 
    Coalition. "People from around the region will be gathering to keep the 
    momentum going in reversing this tide of threats so we can leave the Great 
    Lakes better than the way we found them." 
    
    







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