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Archives for March 2016

March 2016

Ask an Expert: Why is the global fishing industry given $35 billion in subsidies each year?

OceanCanada Research Director Rashid Sumaila and his collaborators from the UBC Global Fisheries Cluster (Sea Around Us and the Nereus Program) have published an updated estimate of global fisheries subsidies in the international journal Marine Policy. The researchers found that the global fishing industry is being supported by $35 billion yearly in government subsidies, the majority of these, upwards of $20 billion annually, promote increased capacity that can lead to harmful impacts such as overfishing.

A computer model is used to show projections of how fish species may move towards the poles and into deeper waters in a high CO2 emissions scenario. Source: Jones and Cheung 2015.

Where do we go from here? Building confidence in climate change impact projection models

Climate change is expected to have major impacts on the ocean, the species that live there, and the people who rely it for their food and livelihood. Since the beginning of the 20th century, CO2 emissions from human activities have altered physical and chemical properties of the ocean. The ocean has become warmer and, in some areas, less oxygenated, which has caused changes in the productivity and distribution of marine species.