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By Associated Press
POSTED: 07:16 a.m. EDT, Apr 17, 2008
CLEVELAND: Cleveland's economy could get a boost of up to $3.7 billion if the federal government invests in a comprehensive effort to protect, restore and clean up the Great Lakes.
The finding is included in a new study of potential benefits to several cities if a proposed Great Lakes restoration plan is fully implemented.
Cleveland was the only Ohio city studied.
Bush administration officials unveiled the restoration plan in 2005. It calls for $20 billion to clean up toxic hotspots, restore fish and wildlife habitat, end fight invasive species and end sewage overflows.
The report released by the Brookings Institution on Wednesday concludes that Cleveland would enjoy a $2.1 billion to $3.7 billion economic lift, mainly in increased property values near Lake Erie.
CLEVELAND: Cleveland's economy could get a boost of up to $3.7 billion if the federal government invests in a comprehensive effort to protect, restore and clean up the Great Lakes.
The finding is included in a new study of potential benefits to several cities if a proposed Great Lakes restoration plan is fully implemented.
Cleveland was the only Ohio city studied.
Bush administration officials unveiled the restoration plan in 2005. It calls for $20 billion to clean up toxic hotspots, restore fish and wildlife habitat, end fight invasive species and end sewage overflows.
The report released by the Brookings Institution on Wednesday concludes that Cleveland would enjoy a $2.1 billion to $3.7 billion economic lift, mainly in increased property values near Lake Erie.
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