Florida agrees to buy swath of Everglades to protect it from oil drilling

Business Insider | Jan 16, 2020 at 12:00 AM
  • The state of Florida has reached a deal with a private real estate firm to buy a large swath of environmentally sensitive wetlands in the heart of the Everglades to spare the tract from oil drilling, the governor announced on Wednesday.
  • The tract represents a critical remaining remnant of the original Everglades, a vast expanse of subtropical wilderness now encompassing about 1.5 million acres (607,028 hectares) of saw grass marshes, mangrove forests and hardwood hammocks.
  • About half of South Florida’s original wetlands have been lost to human development, and the region remains under pressure from agriculture, urban sprawl, rising sea levels and invasive species, such as the Burmese python.