18.11.2011 21.Cheschwan. 5772
Israel Chemicals willing to spend NIS 3 billion to stop flooding.
The state and Israel Chemicals are nearing an agreement on funding the removal of salt from the southern basin of the Dead Sea, in an attempt to keep the lagoon from flooding the hotels on its shores. Prime Minister Benjamin Netanyahu is facing growing pressure to bring the issue to a cabinet vote soon. On Thursday, Tourism Minister Stas Misezhnikov and Environmental Protection Minister Gilad Erdan asked Netanyahu to bring two issues concerning the Dead Sea to the cabinet: Requiring ICL to provide almost all the financing for the salt removal and funding the preservation and protection of the environment of Dead Sea region.
There are three proposals for dealing with the excess salt overflowing the evaporation pools in the southern half of the Dead Sea. The proposals, to be presented to the cabinet at its regular meeting on Sunday, would establish a fund to "protect the Dead Sea and its environment," as part of an effort to preserve both the northern and southern parts of the sea….