Over the past several years, decommissioned U.S. warships have been turned into artificial reefs in the ocean
Question:
Assume that a recently decommissioned aircraft, the USS Eagle, is estimated to contain approximately 40 tons of recyclable materials able to be sold for approximately $33.9 million. The low bid for dismantling and transporting the ship materials to appropriate facilities is $36 million. Recycling and dismantling the ship would create about 500 jobs for about a year in the Rust Belt. This geographic area has been experiencing record-high unemployment rates in recent years.
Requirements
1. Is it more financially advantageous to sink the ship (assume that it costs approximately $1.4 million to tow a ship out to sea and sink it) or to dismantle and recycle it? Show your calculations.
2. From a sustainability standpoint, what should be done with the decommissioned aircraft carrier? List some of the qualitative factors that should enter into this analysis.
3. As a taxpayer, which action would you prefer (sink or recycle)? Defend your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: