Thursday, March 3, 2011

Industry group challenges Everglades Foundation study

One of the state's largest business groups is disputing an Everglades Foundation study in October that said the economic benefits of Everglades restoration would be at least $46.5 billion compared to the $11.5 billion cost of restoration work.

Associated Industries of Florida on Wednesday released what it said were two independent peer review studies that it said debunked the Everglades Foundation study. AIF said its scientists determined that the Everglades Foundation study "grossly over-stated" the economic benefits of restoration and that the actual benefits won't exceed the cost.

“None of that stuff was true -- not even close to it,” Barney Bishop, president and CEO of Associated Industries of Florida, told the Florida Tribune.

Read more at The Florida Tribune.

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