GLIN==> UPCOMING SEMINAR

[Kanika Suri <Kanika.Suri@noaa.gov>]

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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