Economic impacts of the Duke Energy coal ash spill

The Greensboro News and Record has two reports this morning on the coal ash spill.

Tourism businesses speak out about how the spill has impacted them, with fears that Duke Energy has tarnished the reputation of the area in the same way that that BP ruined small businesses in the Guil with the oil spill in 2010. Fox8 in Greensboro also looked at how local businesses are being impacted the spill two days ago.

A Wake Forest University professor with thirty years of experience in researching the economy of natural habitats puts the overall cost of the coal ash spill at a minimum of $70 million - that figure includes lost tourism business, the impact on property values, and the value of the ecosystem itself.

The Charlotte Observer notes that Duke Energy's profits were close to $3 billion in 2013.