Study: Algae blooms do billions in damage

Study: Algae blooms do billions in damage
"Nutrient pollution that causes noxious algae blooms to blanket lakes is more than an environmental nightmare -- the problem also reduces lakefront property values and causes billions of dollars in other economic losses, according to a new study.
Scientists at the University of Kansas concluded that algae blooms fueled by excessive concentrations of phosphorus and nitrogen in surface waters across the U.S. cause at least $4 billion damage annually. Most of the damage comes in the form of reduced lakefront property values, degraded fisheries and other recreational activities and the loss of biological diversity."