BDCP Draft Statewide Economic Analysis Released
8/5/2013 9:55:40 AM
The Bay Delta Conservation Plan has released a draft statewide economic impact study that analyzes the project as an investment for the state as a whole.
The study indicates that the BDCP would result in a significant net economic benefit to the State of California, including a net improvement in the economic welfare of California residents of $4.8 billion to $5.4 billion. The study considered the economic effects of construction and operation of a new water conveyance system and habitat restoration in the Sacramento-San Joaquin Delta, increased water supply reliability across much of the state, and the financing of the project by water users in regions dependent on Delta water supplies.
The full report is now available online, here.
For more Delta-related news, visit the California Department of Water Resources Delta Initiatives e-News page