Ocean Resource Economics investigates the crucial balance between extracting seabed resources and protecting marine ecosystems. It tackles the complex economics and environmental science behind tapping into resources like oil, gas, and minerals from the ocean floor. Consider this: the book highlights how failing to account for environmental costs can undermine long-term economic prosperity.
The text employs techniques to quantify the worth of seabed resources and projects future market dynamics, offering a comprehensive analysis for policymakers and industry professionals.
The book uniquely integrates rigorous economic analysis with comprehensive environmental considerations, providing a nuanced assessment of the benefits and costs of seabed resource extraction. It progresses from an overview of global resource distribution and extraction technologies to the economic valuation of these resources. Then, the focus shifts, examining the effects on marine biodiversity, water quality, and habitats.
Ocean Resource Economics concludes by proposing policy recommendations aimed at fostering sustainable resource management.
