As a Finance major, I'm always interested to see if there's a financial
aspect to worldly news, and that's no different when it comes to attempting to
put out a wildlifefire. I think it's specifically interesting in the story of
the Yosemite National Park fire. For so many other Environmental Hazards, such
as Hurricane Katrina or tsunami's in Asia, we're informed of the financial
implications that these hazards caused. Very rarely in wildfire's is that sort
of information focused on, so it was interesting to read this article saying
that the cost of fighting the Yosemite fire has reached $100 million. That number
is surely only going to grow. S
lince my last blog post, the fire is still
spreading. The fire remains 80% contained, but the article stated nearly a
dozen homes have been burned to the ground along with almost 100 outbuildings.
As stated in my last blog post, this fire was caused by an illegal fire set by
a hunter in Yosemite. While putting out the fire is obviously the top priority
and should be done at whatever the cost, it's just interesting to look at this
from a financial perspective. The article talked about how Tuolumne River Trust
has already asked the US government and the state of California for funds, as
it should as a National Park. I just thought this was a different look at the
fire that we don’t always think about, but is obviously significant.
www.nbcbayarea.com/news/local/Rim-Fire-Started-Near-Yosemite-Costs-100-Million-223131161.htm
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