Blog: Seafood sector warned on global warming
Katy Askew | 1 July 2014
The New Zealand seafood industry received a stark warning this weekend: a "massive shellfish extinction event" could be on the cards.
According to local reports, US expert Todd Capson told a University of Otago conference that ocean acidification and climate change are putting the NZ - and global - seafood industries under threat.
Capson, of the Sustainable Fisheries Partnership, is due to meet with the country's policy makers to discuss the problem - and potential solutions - this week.
The SFP first warned that a global reduction of CO2 emissions is required to safeguard the seafood industry as we know it earlier this year, when it released a briefing in partnership with the University of Cambridge Institute for Sustainability Leadership and Judge Business School.
The briefing warned that global warming of two degrees would result in a loss of landings to global fisheries of between US$17-41bn. Fishery yields will increase 30-70% in high latitudes but fall by 40-60% in the Tropics and Antarctica, with large species like tuna in the Pacific and Indian oceans are likely to move eastwards.
"400 hundred million people depend critically on fish for their food and face reduced access to marine protein because of climate change and acidification. Artisanal fishermen in the Tropics are most at risk," the report warned.
Changes in the distribution of marine species may lead to conflict between fishing nations and significant increases in illegal fishing, it continued.
The SFP has issued a call to action. Will the NZ government - and others - listen?
General Mills is reportedly preparing long-time executive Jeff Harmening to succeed Ken Powell as CEO....
After starting the week with a surprise stock exchange announcement that hit its shares and called into questions its accounting practices, Hain Celestial could be set to receive a boost in the UK....
An indication of how tough trading conditions are in much of Europe emerged today (17 August) with figures from Nielsen suggesting in the second quarter of the year the region's FMCG sector had grown ...
- Nestle on China, candy, nutrition - analysis
- Why Jet.com purchase could boost Wal-Mart online
- Interview, part 1: Emmi CEO Urs Riedener
- What lies ahead for Tyrrells and Amplify?
- Murray Goulburn's FY results - 7 things to learn
- Mondelez buys rest of Vietnam snacks business
- Australia launches dairy sector probe
- Smucker cuts forecast as sales decline
- Emmi earnings grow but sales outlook lowered
- Tyson faces investor scrutiny on ethical issues