The US fisheries industry could lose $10 billion due to climate change

Published 2023년 9월 1일

Tridge summary

Experts have predicted that the fishing industry will suffer annual losses of up to $10 billion by 2050 due to the effects of global warming on ocean habitats. The population of blue mussels in the Gulf of Maine has already declined by 60% since the 1980s, and Alaska's snow crab population has dropped by 10 billion in 2022. The changes are also impacting the aquaculture industry, with the U.S. experiencing losses in farmed salmon due to warmer waters.

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Original content

Experts shared their forecasts for the state of the fishing industry with the American version of Forbes. In a message to Forbes, the experts explained that they have calculated the changes until 2050, and by that time the losses for the industry will be up to $10 billion annually. So, already now one can observe the effect that global warming of ocean waters has caused to the habitats of valuable seafood, experts say. The population of blue mussels in the Gulf of Maine, which is a major export source for lobster, crab and other seafood, has declined by 60% since the 1980s. In 2021, the region's catch was the lowest on record. Alaska is facing similar challenges, with a 10 billion snow crab population drop in 2022, leaving the region's fishing industry in a deplorable state. Experts point out that this was due to the melting of the ice in this area of the ...

Source: Fishretail