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New Study Values Maine Lakes at $14 Billion

Campers at Cathedral Pines on Flagstaff Lake in Eustis, ME, take in the view of the Bigelows from the campground's dock.

A recent study conducted by the University of Maine and supported by the Senator George J. Mitchell Center for Sustainability Solutions has found that Maine lakes have an economic value of $14 billion.

The study, which focused on 150 lakes of varying size and location, was launched in part by a desire to update figures from a 1997 study that valued lakes at around $5 billion. The new study took a multi-faceted approach to defining “value”. Researchers considered factors such as lakefront home values, summer camp revenues, water consumption, money spent on recreational activities, and more.

Read the full study.

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