Restoring Coastal Ecosystems Creates More Jobs Than Offshore Oil Development

[pinto]

Restoring Coastal Ecosystems Creates More Jobs Than Offshore Oil Development

By Katie Valentine

Restoring coastal ecosystems can provide significant economic benefits and even create “pathways out of poverty” for low-income Americans, according to a new report.

The report, published Wednesday by the Center for American Progress and Oxfam America, looked at three coastal restoration projects on different coasts in the U.S. and found that, for every $1 invested in coastal restoration projects, $15 in net economic benefits was created. These benefits include improved fish stocks, due to the fact that 75 percent of the U.S.’s most important commercial fish species rely on coastal environments at some point in their life cycle, with many young fish and crustaceans using habitats such as oyster reefs as nurseries.

Coastal restoration also provides increased protection from storm surges, improved coastal recreation opportunities, health benefits from increased levels of filter feeders such as oysters, and last of all, jobs: for every $1 million invested in coastal restoration, the report notes, 17 jobs were created on average. That’s almost double the 8.9 created per $1 million invested in offshore oil and gas development.

“We learned in a nutshell that there’s a win-win, if not a win-win-win, opportunity that presents itself when you invest in conservation,” Mark Schaefer, Assistant Secretary of Commerce for Conservation and Management at NOAA, said at the report’s release event Wednesday. “The economic benefits are remarkable … there’s a direct connection between what we’re doing to enhance the environment and what we’re doing to enhance economic opportunity.”



http://www.nationofchange.org/reader/44202

[SunSeeker]

1. Exactly. Protecting the environment is GOOD for the economy. nt

[Doctor_J]

2. But not more money for the Koch brothers. that's the important part