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Barrage or What?

Barrage or What?. Social & Economic Impacts. Cardiff-Weston Barrage:. Estimated construction cost: £20.9bn Gross value-added over 40 years: £1.6 billion-£4.8 billion. Port of Bristol. Current turnover: £70m: Jobs: 600 direct employees, 7,500 jobs at risk. Port of Bristol.

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Barrage or What?

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  1. Barrage or What? Social & Economic Impacts

  2. Cardiff-Weston Barrage: • Estimated construction cost: £20.9bn • Gross value-added over 40 years: £1.6 billion-£4.8 billion

  3. Port of Bristol • Current turnover: £70m: • Jobs: 600 direct employees, 7,500 jobs at risk

  4. Port of Bristol • DTZ report: Net gain of 200-300 jobs once a Weston-Cardiff barrage is completed

  5. Tidal scheme constructionbenefits From 500 to 1,500 new jobs a year over 5-10 years

  6. Tidal scheme constructionbenefits BUT the proposed Bristol Port deep water expansion would create an estimated 1,800 new jobs

  7. Port of Bristol “The most economical port distribution location in the UK”

  8. Impact of total loss of Bristol Port • Estimated £400m-800m loss of port-related revenue • Plus the cost of investing in alternative seaport and inland infrastructure facilities elsewhere

  9. Negative impacts on fishing • During barrage construction: £5.6-£8.2 million, 30-50 lost jobs • After barrage completion: £17.0-£25.8 million, 60-80 lost jobs

  10. Uncertain tourism benefits • Projected local tourism revenues: £3.4-27 million • Between 20 and 130 new jobs

  11. Marine leisure/marina development No projections

  12. Energy gains Energy security is an economic issue

  13. Energy gains Tidal energy generation potential: 0.6-15GW/17TW/h- Up to halfway towards UK’s 15% renewable energy target for 2020

  14. Uncharted waters Learning to live with uncertainty

  15. How to weigh diverse opposing factors? Apples and Pears

  16. Political risks Risks of division are both regional and national

  17. Thank you for your attention!

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