Division of Research and Economic Development FY 17 Q2 Research News FY 17 Q 2 newsletter | Page 10

P.E.A.R.L Patuxent Estuarine Aquatic Research Laboratory About the PEARL Morgan PEARL: Examining the ecosystem services and economic benefits of oyster reef restoration in the Chesapeake Bay Founded in 1967 by The Academy of Natural Sciences and acquired by Morgan State in 2004, the mission of the Patuxent Environmental & Aquatic Research Laboratory (PEARL) is to provide society By: Scott Knoche with the knowledge to solve its environmental challenges through research, education and economic Native oysters are a keystone development. The research programs at PEARL species in the Chesapeake Bay, continue to provide essential data and innovative providing a variety of ecosystem techniques for assessing the health of the Chesapeake services such as improved water Bay. Our work to restore the oyster industry has quality and habitat for become a model for transforming the way we think of commercially and recreationally oyster restoration. We have used this research to valuable fish and crab species. provide students with interdisciplinary training and Unfortunately, due to experience and to expose and educate the public overharvesting, disease, and pollution, native oyster populations in about the the Chesapeake Bay are less than 1% of historic levels. In an effort environment. to increase oyster populations and associated ecosystem services, large-scale oyster restoration projects have been implemented in the Bay. These restoration projects, while offering tremendous potential to help reach Chesapeake Bay restoration objectives, also come with considerable expense. To examine the ecosystem services and economic benefits associated with costly oyster reef restoration projects, Dr. Scott Knoche, Senior Research Economist at Morgan’s PEARL, has been awarded a $150,000 grant from the National Fish and Wildlife Foundation. A portion of these funds have been used to hire Dr. Thomas Ihde, an expert ecological modeler who will estimate the increase in commercially and recreationally valuable fish and crab species as a result of oyster reef restoration. Additional project collaborations include an interdisciplinary team of researchers from the National Oceanic and Atmospheric Administration (NOAA) and the University of Maryland. Though the project very recently began in December 2016, the research team has already met multiple times and is making significant progress on developing the ecological model that is the first stage of this project. Ultimately, this project will provide critical information regarding the benefits of restoration actions in the Chesapeake Bay, and provide a template to guide future restoration efforts in the U.S. and beyond. Dr. Scott Knoche is a Senior Research Economist at PEARL with research interests in the area of environmental and natural resource economics. Scott received his PhD from Michigan State University, with his dissertation estimating economic values associated with outdoor recreation. Prior to receiving his PhD, Scott worked as an economist at the U.S. Coast Guard's National Pollution Funds Center, evaluating and adjudicating trustee compensation claims from oil spill - related natural resource damages. After his PhD and before employment at Morgan, Scott worked as a post-doctoral fisheries economist joint with the University of Maryland's Agricultural and Resource Economics Department and the Maryland Department of Natural Resources Fisheries Division. RESEARCH AND OUTREACH INTERESTS • Non-Market Valuation • Human Dimensions of Fish and Wildlife Management • Stated Preference Survey Methods • Survey Development and Methodology • Discrete Choice Analysis 10