September 21, 2017

Socioeconomic Value of the Delaware River Basin in Delaware, New Jersey, New York, and Pennsylvania

Gerald J. Kauffman, University of Delaware Water Resources Agency

Executive Summary
What do the Guggenheim Museum, Boeing, Sunoco, Campbell’s Soup, DuPont, Wawa, Starbucks, Iron Hill Brewery, Philadelphia Eagles, Camelback Ski Area, Pt. Pleasant Canoe Livery, Salem Nuclear Power Plant, and United States Navy all have in common? They all depend on the waters of the Delaware River Basin to sustain their business.

The Delaware River Basin is an economic engine that supplies drinking water to the 1st (New York City) and 5th (Philadelphia) largest metropolitan economies in the United States and supports the largest freshwater port in the world.

The Delaware Basin’s water supplies, natural resources, and ecosystems in Delaware, New Jersey, New York, Pennsylvania and a small sliver of Maryland:
* Contribute $22 billion in annual economic activity from recreation, water quality, water supply, hunting/fishing, ecotourism, forest, agriculture, open space, and port benefits.
* Provide ecosystem goods and services (natural capital) of $21 billion per year in 2010 dollars with net present value (NPV) of $683 billion discounted over 100 years.
* Are directly/indirectly responsible for 600,000 jobs with $10 billion in annual wages.

Read Entire Report Here