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Musky dam


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2 hours ago, BowhunterNJ said:

What is mitigation banking and why would they not want to expand it?  Any reason other than the cost?  The potential for catastrophic failure and pending liability would seem to be a red flag to invest now, quite possible the damage to the downstream properties, as well as the environmental impact of all that sediment getting washed downstream/distributed would far exceed the cost of addressing it now when you have an opportunity and it's all concentrated in one area.

Mitigation banks sell credits to builders that need to eliminate wetlands to build houses or businesses. They typically require a 3:1 ratio. The credits are overseen by the Army Corps and a state’s DEP or equivalent, and the approved mitigation bank then restores a river or builds new wetlands with those funds.  So if Lowe’s wants to build and will destroy 9 acres of wetlands, they must buy enough credits to restore or create 27 new acres of wetlands or some length of stream.

 

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