New Technology creating jobs

Desalination: A Component of the Master Water Plan

Tampa Bay Water’s Master Water Plan is the blueprint to meet the region's water needs. The first configuration of Master Water Plan projects was approved for construction in October 1998. This first set of projects was needed to offset major reduction in groundwater pumping from long-producing wellfields and to meet the region's growing water needs through the development of geographically diverse, alternative drinking water sources.

To date, these goals have been met. New water supply development has enabled Tampa Bay Water to reduce groundwater pumping from a permitted average of 158 million gallons a day (mgd) to 121 mgd in 2003. Further reductions to 90 mgd annual average are required be the end of 2008. The Tampa Bay Seawater Desalination Plant will help the utility meet that goal by delivering a drought-proof, environmentally sound water supply.

The desalination plant creates a new source of drinking water by removing salt from seawater. When operating at full capacity, the plant will provide 25 mgd of new drinking water and can be expanded to provide 35 mgd in the future.

The desalinated product water is blended with water from other, less expensive water supply sources, reducing costs to member governments and consumers.

Construction of the facility created approximately 447 jobs, 370 of which were in Hillsborough, Pinellas and Pasco counties. Tampa Bay Seawater Desalination Plant directly employs 19 workers. According to a Tampa Bay Regional Planning Council economic impact study, construction and operation of the facility will add $550 million in economic activity statewide and $482 million regionally in the next 30 years. It is also expected to contribute $10 to $24 million annually to Florida’s gross regional product.

Independent studies commissioned by Tampa Bay Water and Hillsborough County have found both the desalination plant’s operation and discharge of concentrated seawater are safe for Tampa Bay, its marine ecology and the region’s environment.

http://www.tampabaywater.org/watersupply/tbdesalhistory.aspx

Carbon nanotube-based membranes will dramatically cut the cost of desalination

http://www.technologyreview.com/read_article.aspx?ch=nanotech&sc=&id=16977&pg=1

 

Who cares about cost reduction. Are credit default swaps available on those things.

 

I don't think that is what Obama meant when he said "shovel ready".

 

You mean "three letter" CDS like :

Carbon nanotube-based membranes - in short CNM CDS ? Not yet, it has to be "invented" by GS and rated by Moodys.