Summary of The Blue Economy

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Though oceans cover some 70% of the Earth’s surface, economically they have been relatively underexploited, until now. Technological advances in mining, aquaculture and energy bolster growing demand, which will help develop opportunities in the briny deep. Yet existing significant damage to the marine environment requires that government and business cooperate in protecting the oceans’ health. getAbstract recommends the Economist Intelligence Unit’s original overview of the new “blue economy” to all readers interested in what lies beneath.

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

 

Summary

The high seas are vital to the global economy. Trade, fishing and tourism rely on oceans, which harbor great potential in such areas as “offshore renewable energy, aquaculture, deep seabed mining and marine biotechnology.” The growing demand for food, minerals and energy, along with coastal urbanization, is driving an industrialization of the deep. Advances in technology and marine sciences are propelling this movement.

But human activities have harmed the Earth’s oceans , whether through pollution, changing water chemistry due to carbon absorption or the effects of climate change on weather ...


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