A group of Ball State University researchers has offered a detailed peer review of a Phase II feasibility study on the massive proposed Mounds Lake Reservoir in Madison and Delaware counties. They say there are inadequacies in the study's overall design and suggest the financial feasibility is not supported by the data. The group is made up of professors at the Center for Business and Economic Research, as well as the urban planning, biology, geological sciences, economics, anthropology and sociology fields.
They say “no evidence” exists for the demand for water at this scale, adding there are not sufficient funding mechanisms in place yet without “significant” public investment.
The group concludes the adverse ecological affects have not been sufficiently detailed, either.
You can view the in-depth peer review by clicking here.
You can connect to the Phase 2 report by clicking here.
Source: Ball State University Center for Business and Economic Research