
This abundance of water presents a potential pitfall. If Minnesota's waters fail to achieve water quality standards, not only will our personal enjoyment of our lakes and rivers be reduced, but our economy could be seriously affected. Tourism is a $10 billion industry. Agriculture, food processing and manufacturing have a distinct competitive advantage due to our water resource. All states must comply with the federal Clean Water Act requirement to meet water quality standards, but Minnesota business has potentially more to lose than most states for failure to achieve standards. Because we have more waters that could be impaired, the costs to assess and restore them will be much greater than most states. The law limits new or increased discharges into impaired waters, thereby potentially preventing business expansion or new facilities.
The state has assessed only 16 percent of our lakes and 10 percent of our streams. Of those waters assessed, 40 percent were found to be impaired (nearly 2,300). A 2003 report to the Legislature by the PCA estimated the long-term cost to restore these waters to range from $600 million to $3 billion. Existing state resources are not adequate to address this problem. A stakeholders group created by the Pawlenty Administration has estimated the annual revenue need in the range of $85 million to $100 million.
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