The articles concerning the economic analysis of the Klamath River dam removal in the Jan. 25 edition of the Herald and News were quite an eye-opener. It indicates that dam removal, along with the watershed-wide restoration programs, will result in an economic benefit of $14 billion.
This really sounds great until you look a little deeper into that analysis. The majority of the analysis presented in the articles results in a net loss of economic productivity and property values of the 50-year interval being analyzed. The key pivot point to the analysis is the results of the non-use survey. Based on this, the analysts estimate about $15.6 billion in non-use benefits.
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