Boston Harbor Cleanup Was Economically Justifiable Finds New Study Science Research News
The cleanup of America’s filthiest harbor is now worth between $30 and $100 billion in ecosystem services; Frontiers in Marine Science The cleanup of America’s filthiest harbor is now worth between $30 and $100 billion in ecosystem services — by Freya Wilson, Frontiers science writer A first-of-its-kind retrospective study concludes that environmental cleanup projects can provide high value to society, making them economically viable alternatives to coastal development projects. The analysis of Boston Harbor suggests the capitalized value of restored ecosystem services now stands at between $30 and $100 billion — far outweighing the $5 billion cleanup cost....