Economic Effects of an Ocean Acidification Catastrophe
We assess the potential magnitude of the economic effects of an ocean acidification (OA) catastrophe by focusing on marine ecosystem services most likely to be affected. It is scientifically plausible that by 2200 OA could cause a complete collapse of marine capture fisheries, complete destruction o...
Main Authors: | , |
---|---|
Format: | Article in Journal/Newspaper |
Language: | unknown |
Subjects: | |
Online Access: | https://www.aeaweb.org/articles?id=10.1257/aer.p20161105 https://www.aeaweb.org/aer/app/10605/P2016_1105_app.pdf https://www.aeaweb.org/aer/ds/10605/P2016_1105_ds.zip https://www.aeaweb.org/articles/attachments?retrieve=L_VF24qPnSEzqbzUe_wcL9y_hlDPJ0Hd |
id |
ftrepec:oai:RePEc:aea:aecrev:v:106:y:2016:i:5:p:615-19 |
---|---|
record_format |
openpolar |
spelling |
ftrepec:oai:RePEc:aea:aecrev:v:106:y:2016:i:5:p:615-19 2024-04-14T08:17:35+00:00 Economic Effects of an Ocean Acidification Catastrophe Stephen G. Colt Gunnar P. Knapp https://www.aeaweb.org/articles?id=10.1257/aer.p20161105 https://www.aeaweb.org/aer/app/10605/P2016_1105_app.pdf https://www.aeaweb.org/aer/ds/10605/P2016_1105_ds.zip https://www.aeaweb.org/articles/attachments?retrieve=L_VF24qPnSEzqbzUe_wcL9y_hlDPJ0Hd unknown https://www.aeaweb.org/articles?id=10.1257/aer.p20161105 https://www.aeaweb.org/aer/app/10605/P2016_1105_app.pdf https://www.aeaweb.org/aer/ds/10605/P2016_1105_ds.zip https://www.aeaweb.org/articles/attachments?retrieve=L_VF24qPnSEzqbzUe_wcL9y_hlDPJ0Hd article ftrepec 2024-03-19T10:39:13Z We assess the potential magnitude of the economic effects of an ocean acidification (OA) catastrophe by focusing on marine ecosystem services most likely to be affected. It is scientifically plausible that by 2200 OA could cause a complete collapse of marine capture fisheries, complete destruction of coral reefs, and significant rearrangement of marine ecosystems. Upper-bound values for losses from the first two effects range from 97 to 301 billion 2014 dollars per year (0.09 - 0.28% of current world GDP). We argue that aquaculture output would not be reduced, due to the high potential for adaptation by this young industry. Article in Journal/Newspaper Ocean acidification RePEc (Research Papers in Economics) |
institution |
Open Polar |
collection |
RePEc (Research Papers in Economics) |
op_collection_id |
ftrepec |
language |
unknown |
description |
We assess the potential magnitude of the economic effects of an ocean acidification (OA) catastrophe by focusing on marine ecosystem services most likely to be affected. It is scientifically plausible that by 2200 OA could cause a complete collapse of marine capture fisheries, complete destruction of coral reefs, and significant rearrangement of marine ecosystems. Upper-bound values for losses from the first two effects range from 97 to 301 billion 2014 dollars per year (0.09 - 0.28% of current world GDP). We argue that aquaculture output would not be reduced, due to the high potential for adaptation by this young industry. |
format |
Article in Journal/Newspaper |
author |
Stephen G. Colt Gunnar P. Knapp |
spellingShingle |
Stephen G. Colt Gunnar P. Knapp Economic Effects of an Ocean Acidification Catastrophe |
author_facet |
Stephen G. Colt Gunnar P. Knapp |
author_sort |
Stephen G. Colt |
title |
Economic Effects of an Ocean Acidification Catastrophe |
title_short |
Economic Effects of an Ocean Acidification Catastrophe |
title_full |
Economic Effects of an Ocean Acidification Catastrophe |
title_fullStr |
Economic Effects of an Ocean Acidification Catastrophe |
title_full_unstemmed |
Economic Effects of an Ocean Acidification Catastrophe |
title_sort |
economic effects of an ocean acidification catastrophe |
url |
https://www.aeaweb.org/articles?id=10.1257/aer.p20161105 https://www.aeaweb.org/aer/app/10605/P2016_1105_app.pdf https://www.aeaweb.org/aer/ds/10605/P2016_1105_ds.zip https://www.aeaweb.org/articles/attachments?retrieve=L_VF24qPnSEzqbzUe_wcL9y_hlDPJ0Hd |
genre |
Ocean acidification |
genre_facet |
Ocean acidification |
op_relation |
https://www.aeaweb.org/articles?id=10.1257/aer.p20161105 https://www.aeaweb.org/aer/app/10605/P2016_1105_app.pdf https://www.aeaweb.org/aer/ds/10605/P2016_1105_ds.zip https://www.aeaweb.org/articles/attachments?retrieve=L_VF24qPnSEzqbzUe_wcL9y_hlDPJ0Hd |
_version_ |
1796316810052632576 |