Oyster Reef Restoration Yields $1.70 per $1 Invested, Creating Jobs and Boosting Economies

Recent studies show oyster restoration projects are delivering substantial benefits for coastal economies and marine ecosystems. For every dollar invested in oyster reef restoration, states receive $1.70 in economic and environmental returns, according to NOAA Fisheries. The North Carolina Coastal Federation reports that investments in oyster restoration have supported 143 jobs, generated $34 million in revenue for North Carolina businesses, and provided $8.7 million in employee wages and benefits. “This work is a good shot in the arm for a lot of local businesses,” says Will Hollowell, Operations Manager at Stevens Towing Company of North Carolina, which transports materials used … Continue reading Oyster Reef Restoration Yields $1.70 per $1 Invested, Creating Jobs and Boosting Economies