Dam Removal

Dam Removal

David Sparks Ph.D.
David Sparks Ph.D.
What do we do for the agricultural group? One of the big issues is getting grain down the river. Right now, it's Baj. That's a decreasing amount of grain that's being barge. That ninety five billion bushels that get barge down the river. And what we do in this bill is give an account of three point six dollars billion to the captive shipper issue alone. If that was done next year and invested in Treasury bonds, that would be worth about four point eight dollars billion in 20 30 when the first dams would come out. It's four point eight dollars billion. If you look at that, the trust could pay out one hundred and eighty one million dollars a year for ninety five million bushels. That goes through the four dams on average. That means the producers could receive about a dollar ninety one for each bushel that's currently delivered by barge in cities. That's about two to three times what it actually cost to get there. If you're doing it by train, it would be a benefit to them financially, would not cost them more because you're going to take away the barge and obviously to listen to the prices. If they put one and a half billion of that three point sixty four point eight dollars billion into upgrading the corridor from tri cities to Portland. The infrastructure grain producers could still get about a dollar 13 per bushel for what they shipped out. We haven't hung out to dry. In fact, I think it would be very beneficial to them. And that's the biggest issue that we've been trying to address, is how do you account for the fact that we shipped this grain down the river on barge and how do you make the alternatives? And we can do that.
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