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Resource ID: #20608
Subject: Real Estate
Source: Times-Picayune (New Orleans)
Affiliation: 
Date: May 4,11,18,25, 2003

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Description

An exhaustive investigation into the Caernarvon Freshwater Diversion Project, a state-backed project that destroyed oyster crops by dumping fresh water in commercial oyster marshes, and the lawsuit that followed. Most oyster marshes make only $25,000 in the very best of years. However, after the marshes were destroyed by the Project, a jury decided that $1.3 billion should be awarded as compensation for about 160 farmers who lost their marshes.

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