Florida to sign massive sugar, Everglades deal
U.S. Sugar Corp would sell 300 square miles for wetlands restoration
The sun sets over the Florida Everglades in this file photo.
Joe Raedle / Getty Images file
WELLINGTON, Fla. - In one of the biggest conservation deals in U.S. history, the nation's largest producer of cane sugar reached a tentative agreement Tuesday to get out of the business and sell its nearly 300 square miles in the Everglades to the state of Florida for $1.75 billion.
The deal with U.S. Sugar Corp. results from a convergence of interests: The state is trying to restore the Everglades and clean up pollution caused by Big Sugar and other growers, while the American sugar industry is being squeezed by low-price imports.
Republican Gov. Charlie Crist declared the agreement "as monumental as the creation of our nation's first national park, Yellowstone."
Huge deal to save Everglades reached - Environment- msnbc.com
No comments:
Post a Comment