#51828
Greg - 4/04/2013 7:19 PM
Another update. The Navy could face a fine of up to $2 million for the damage done to the reef in the Philippines. If my math is correct, that equates to $46.5 per square foot of reef. I’m not an marine biologist, fisherman, or tourism expert, but I would expect a flourishing reef to be worth more than that. I wonder if the Navy will pay more than the fine to help rebuild the reef. I am willing to bet they are spending 10 times that amount just to remove the ship from the reef.