'Fiscal cliff' ahead for Louisiana coastal restoration efforts, report warns

in #naturelast year

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“Louisiana’s largest sources of money to pay for coastal restoration and protection work will run dry within the next decade, leaving the state far short of the cash needed to fulfill its master plan, respond to climate change and safeguard its residents and businesses,” the Public Affairs Research Council of Louisiana report said.

Interesting article about the state of coastal restoration in Louisiana especially relating to where the money is going to come from. I've been yelling about this for years, they are spending too much money too fast, on projects that require more and more money over time. I'm all for the fresh water diversions, that once built continue to build land year after year for little to no costs.

Read the full story here....
https://www.nola.com/news/environment/article_044b6266-5f8f-11ed-bfca-5bc86311f58c.html

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They need to set up a fund that pays them interest every year, and only spend the interest.

I like that idea, but they're not financial people running things

It's a shame that nature doesn't get more attention.

Yeah, sad!

Where is the next 50 billion going to come from, lol

Print it lol

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