Global Warming and North Atlantic Fisheries: Attempting to Assess the Economic Impact
Substantial global warming due to the accumulation of greenhouse gases in the Earth’s atmosphere has been predicted for some time. These predictions are corroborated several sophisticated meteorological models. By the year 2100 these models predict global temperature increases of between 2 and 4.5°C...
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Research in applied business and economics
2003
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fticelandunivojs:oai:ojs.pkp.sfu.ca:article/2279 2023-08-20T04:06:52+02:00 Global Warming and North Atlantic Fisheries: Attempting to Assess the Economic Impact Árnason, Ragnar 2003-06-15 application/pdf https://ojs.hi.is/index.php/efnahagsmal/article/view/a.2003.1.1.1 eng eng Research in applied business and economics Tímarit um viðskipti og efnahagsmál https://ojs.hi.is/index.php/efnahagsmal/article/view/a.2003.1.1.1/pdf https://ojs.hi.is/index.php/efnahagsmal/article/view/a.2003.1.1.1 Copyright (c) 2016 Tímarit um viðskipti og efnahagsmál Research in applied business and economics; Vol. 1 No. 1 (2003); 109-128 Tímarit um viðskipti og efnahagsmál; Bnd. 1 Nr. 1 (2003); 109-128 1670-4851 1670-4444 Global warming gdp fish stocks fisheries O13 Q20 Q22 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 2003 fticelandunivojs 2023-08-01T12:29:31Z Substantial global warming due to the accumulation of greenhouse gases in the Earth’s atmosphere has been predicted for some time. These predictions are corroborated several sophisticated meteorological models. By the year 2100 these models predict global temperature increases of between 2 and 4.5°C. It is clear that a temperature increase of this magnitude will have a major environmental impact, which might be most significant in Northern latitudes where temperature increases are predicted to be significantly higher than the global average. This paper examines the possible impact of global warming on the fish stocks in the North Atlantic and their contribution to the economy of Iceland, Greenland and Norway. It is found that the impact of global warming on the most valuable fish stocks is more likely to be positive than negative. Moreover, even if it turns out to be negative, the long-term impact on the Icelandic and Norwegian economies is unlikely to be significant. In the case of Greenland the economic impact is even more likely to be positive and might easily be quite significant. Article in Journal/Newspaper Greenland Iceland North Atlantic University of Iceland: Peer Reviewed Journals Greenland Norway |
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University of Iceland: Peer Reviewed Journals |
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English |
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Global warming gdp fish stocks fisheries O13 Q20 Q22 |
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Global warming gdp fish stocks fisheries O13 Q20 Q22 Árnason, Ragnar Global Warming and North Atlantic Fisheries: Attempting to Assess the Economic Impact |
topic_facet |
Global warming gdp fish stocks fisheries O13 Q20 Q22 |
description |
Substantial global warming due to the accumulation of greenhouse gases in the Earth’s atmosphere has been predicted for some time. These predictions are corroborated several sophisticated meteorological models. By the year 2100 these models predict global temperature increases of between 2 and 4.5°C. It is clear that a temperature increase of this magnitude will have a major environmental impact, which might be most significant in Northern latitudes where temperature increases are predicted to be significantly higher than the global average. This paper examines the possible impact of global warming on the fish stocks in the North Atlantic and their contribution to the economy of Iceland, Greenland and Norway. It is found that the impact of global warming on the most valuable fish stocks is more likely to be positive than negative. Moreover, even if it turns out to be negative, the long-term impact on the Icelandic and Norwegian economies is unlikely to be significant. In the case of Greenland the economic impact is even more likely to be positive and might easily be quite significant. |
format |
Article in Journal/Newspaper |
author |
Árnason, Ragnar |
author_facet |
Árnason, Ragnar |
author_sort |
Árnason, Ragnar |
title |
Global Warming and North Atlantic Fisheries: Attempting to Assess the Economic Impact |
title_short |
Global Warming and North Atlantic Fisheries: Attempting to Assess the Economic Impact |
title_full |
Global Warming and North Atlantic Fisheries: Attempting to Assess the Economic Impact |
title_fullStr |
Global Warming and North Atlantic Fisheries: Attempting to Assess the Economic Impact |
title_full_unstemmed |
Global Warming and North Atlantic Fisheries: Attempting to Assess the Economic Impact |
title_sort |
global warming and north atlantic fisheries: attempting to assess the economic impact |
publisher |
Research in applied business and economics |
publishDate |
2003 |
url |
https://ojs.hi.is/index.php/efnahagsmal/article/view/a.2003.1.1.1 |
geographic |
Greenland Norway |
geographic_facet |
Greenland Norway |
genre |
Greenland Iceland North Atlantic |
genre_facet |
Greenland Iceland North Atlantic |
op_source |
Research in applied business and economics; Vol. 1 No. 1 (2003); 109-128 Tímarit um viðskipti og efnahagsmál; Bnd. 1 Nr. 1 (2003); 109-128 1670-4851 1670-4444 |
op_relation |
https://ojs.hi.is/index.php/efnahagsmal/article/view/a.2003.1.1.1/pdf https://ojs.hi.is/index.php/efnahagsmal/article/view/a.2003.1.1.1 |
op_rights |
Copyright (c) 2016 Tímarit um viðskipti og efnahagsmál |
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1774718224063004672 |