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Oil on the Hudson: What is a clean river worth to our economy?

The use of the Hudson as a virtual oil pipeline for the Northeast is taking off. One big problem is that the type of oil being transported is the highly volatile Bakken crude from North Dakota. It's bad enough when regular oil spills in the ocean; when Bakken-type oil spills on an inland waterway, it can be a disaster of even greater magnitude. First, a river has a much smaller body of water and ecosystem to absorb the damage. Second,  the oil does not float on top but sinks to the bottom, making cleanup a bigger nightmare.

Is it even possible to calculate the value of a cleaner Hudson River to the area economy? A spill from a pipeline in the Kalamazoo river four years ago is still being cleaned up.

Wigwam has been following developments. The latest post has links to previous Wigwam coverage and an informative piece from yesterday's NYTs:

Bakken Crude Transport: The New Fracking?

The articles also contain links to Riverkeeper's campaign to get more oversight. I know this can seem like "if it's not one thing, it's another" and it's hard to see making a difference. But this is our front yard we're talking about.

Here is a fact sheet from Riverkeeper.

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Comment by Ben Royce on February 28, 2014 at 2:36pm

It's also a problem with the trains passing on the opposite bank:

http://www.recordonline.com/apps/pbcs.dll/article?AID=/20140227/BIZ...

We don't want a repeat of this tragedy from Quebec last year, in Kingston, or Newburgh, or Haverstraw, etc.:

http://en.wikipedia.org/wiki/Lac-M%C3%A9gantic_derailment

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