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The Chesapeake Bay Watershed, located in the Eastern United States, spans parts of New York, Pennsylvania, West Virginia, Delaware, Maryland, Virginia, and Washington D.C., impacting 15 million residents. It's the largest estuary in North America, vital for commercial fishing, shipping, and recreation. However, the watershed faces significant challenges, including public goods issues, market failures, pollution, and the lack of awareness about its extent and vulnerability. Solutions include government intervention, community volunteer efforts, and increased public education on conservation.
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Chesapeake Bay Watershed Nate de Kieffer Michelle Miller
Geographic Location • Eastern United States • Watershed includes parts of New York, Pennsylvania, West Virginia, Delaware, Maryland, Virginia, and Washington DC • 15 million people live in watershed area • Lies within the Atlantic Coastal plain
Uses • Commercial Fishing • Shipping • Shipbuilding and other Industries • Recreation • Largest Estuary in North America
Market Failures • Public Good • no excludability who can use the Bay • so many use the bay it hard to find individual polluters • Imperfect Information • People do not know how far the watershed extends • Unawareness of how actions effect the bay
Nathan de Kieffer: Market Failures continued • Externalities • Over-harvesting • Over-use • Pollution from Urban development
Solutions • Government Intervention • Volunteer Work • Public Awareness