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GLIN==> UPCOMING SEMINAR



Dr. John B. Braden, from the University of Illinois at Urbana-Champaign, will be giving a seminar on Thursday October 5, as a part of the NOAA/ University of Michigan Great Lakes Seminar Series.

Please find details of his talk listed below.

Title: "Submerged treasure? New evidence about the economic value of contaminated site remediation"

Speaker: Dr. John B. Braden, Department of Agricultural & Consumer Economics University of Illinois at Urbana-Champaign

Date: Thursday, October 5

Time: 2 PM

Location: NOAA/ GLERL
2205 Commonwealth Blvd., Ann Arbor, MI, 48105
Abstract
The daunting costs of cleaning up legacy toxic sites have hampered progress. There has been relatively little evidence of the potential for offsetting economic benefits. Thirty-one locations in U.S. waters of the Great Lakes Basin are among the languishing toxic sites. This presentation reports preliminary findings about the potential economic value to homeowners near two of these sites, Sheboygan River, WI and Buffalo River, NY. The analyses draw on both market and survey data. The findings indicate that full remediation should lead to substantial increases in nearby residential property values and the property tax base. When considered together with other economic studies of aquatic and terrestrial contaminated sites, these results strengthen our ability to generalize about the economic value of cleanup.


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If you have any questions or concerns, please email me Larissa Sano at larissa.sano@noaa.gov

For more information about the seminar series, please visit our website at http://www.glerl.noaa.gov/news/seminars/

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Kanika Suri
Web Designer Associate

NOAA Great Lakes Environmental Research Laboratory
2205 Commonwealth Blvd.,
Ann Arbor, MI
48105

Tel: (734) 741-2147
Fax: (734) 741-2055

www.glerl.noaa.gov

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