economic benefit of navigation alabama water resources conference phillip mixon
DESCRIPTION
The Inland Waterway System of the US contains over 25,000 miles of navigable waters. 12,000 miles maintained by the Army Corps of Engineers The vast majority of the system is located in the eastern US. The State of Alabama connects to 15,000 of these navigable miles. IntroductionTRANSCRIPT
Economic Benefit of Navigation
Alabama Water Resources ConferencePhillip Mixon
“Get your facts first, and then you can distort them as much as you please.”
“Climate is what we expect, weather is what we get.”
Samuel Clemens (Mark Twain)
The Inland Waterway System of the US contains over 25,000 miles of navigable waters. 12,000 miles maintained by the Army Corps of
Engineers The vast majority of the system is located in
the eastern US. The State of Alabama connects to 15,000 of
these navigable miles.
Introduction
Jobs, Jobs, Jobs Economic Output
Tax Revenues Environmental Benefits Reduced Shipping Costs
Economic Benefits
The vast majority of employers that utilize the waterways of Alabama and specifically the ACF employ more than 250 people.
The average compensation (salary and benefits) of these employees is significantly higher the average for the surrounding area.
Jobs, Jobs, Jobs
Navigation can be a driving force of the economy of a region and the nation.
Many products shipped on inland waterways are exported to ports aboard.
Counties with a developed inland waterway tend to higher growth figures and tend to be more resistant to negative economic situations.
Economic Output
With the current fiscal situation, navigation provides its ‘fair share’ of taxes. Fuel surtax per gallon of diesel Business ad valorem taxes Employers taxes Employees income taxes Sales taxes
Tax Revenues
Navigation is the most fuel efficient mode of transportation Ton-miles per gallon of diesel
Truck – 59 miles Rail – 202 miles Barge – 514 miles
Reduces number shipments required One barge = 15 Railcars = 60 Trucks
Dry bulk shipments
Environmental Benefits
Several studies have shown the presence of a navigable waterway reduces the shipping rates of all other modes of transportation. Simply, compare North-South Rates versus
East-West The nature of water board commerce the
required replacement shipping cost (if water is unable) would require many shippers to cease operations.
Reduced Shipping Cost
Navigation is a driving force in the economy. It provides the local economies: Jobs Income Tax revenues Reduced cost shipping Environmentally friend shipping option.
Conclusion
In the environment, every victory is temporary, every defeat permanent. Thomas Jefferson
Thank YouQuestions?