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News article: Algal blooms cost Ohio homeowners $152 million

COLUMBUS, Ohio—In a new study, AEDE researchers Allen Klaiber and David Wolf, estimate algal blooms at two Ohio lakes cost Ohio homeowners $152 million in lost property value over six years.

Meanwhile, a related study suggests that algae is driving anglers away from Lake Erie, causing fishing license sales to drop at least 10 percent every time a bloom reaches a moderate level of health risk. Based on those numbers, a computer model projects that a severe, summer-long bloom would cause up to $5.6 million in lost fishing revenue and associated expenditures by anglers.