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Local Economic Growth and Environmental Stewardship

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Extraction's impact on the local environment was of secondary importance to creating local jobs ... In order to grow jobs, we must be able to offer a great ... – PowerPoint PPT presentation

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Title: Local Economic Growth and Environmental Stewardship


1
Local Economic Growth and Environmental
Stewardship
  • January 7, 2008

2
The Needs of the Local Economy and its
relationship to the Local environment have
changed dramatically over time - although this
may not be perceived by local residents

3
  • In the Past
  • Economy dependent on extraction of copper ore
    wood fiber
  • Extractions impact on the local environment was
    of secondary importance to creating local jobs
  • Economy environment seen as zero sum
    relationship

4
  • Since 1985 KEDA has worked to
  • Transform the Keweenaw economy from one
    characterized by extraction by a few large
    companies to..

5
  • ...an economy characterized by
  • Value-added activities
  • Performed by smaller companies
  • Started by local entrepreneurs
  • Using a higher level of technology
  • And producing higher paying jobs

6
  • These jobs are filled by
  • Local residents who want to remain in the
    community
  • Visitors, e.g., college students, vacationers,
    etc. who also want to live here.

7
  • Companies also want to be here
  • Lower business costs
  • Access to Michigan Tech students others
  • Ability to attract retain talented people

8
  • And, talented people want to be here
  • Family sustaining jobs
  • Ability to enjoy recreate in this easily
    accessible and beautiful environment

9
  • That is, the relationship between our economic
    needs and our natural environment has now changed
    in a fundamental way!

10
  • The health of the Keweenaw economy is now
    dependent upon and interconnected to the health
    of our natural environment!

11
  • In order to grow jobs, we must be able to offer
    a great quality of life, including a cared-for
    natural environment in which to live and
    recreate.

12
  • The LSSI will help to instill appreciation for
    and stewardship of the Lake Superior Region.
    This will have a direct, positive impact on our
    ability to create a strong, sustainable economy
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