NOAA: Study Says Americans Value Coral Reefs around Main Hawaiian Islands at $33.57B
Source: The Washington Post
October 24, 2011
Honolulu, HI - "Americans peg the value of coral reefs around the main Hawaiian Islands at $33.57 billion, a study commissioned by the federal government said Friday.
Officials frequently cite coral reefs as being vital to tourism and other industries. But there's been no dollar figure to accompany such statements, so the National Oceanic and Atmospheric Administration asked researchers to study the issue.
"Scientists and governments charged with protecting coral reefs have been saying for a long time that they're valuable, but there really aren't good estimates in a very comprehensive thorough study of what these dollar values are," said Norman Meade, senior economist in NOAA's Office of Response and Restoration. "This is an attempt to get to that question.""
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