Ocean water has absorbed more than 90% of the excess heat and nearly 30% of the carbon dioxide generated by human consumption of fossil fuels The world’s oceans are warming at a quickening rate, with the past 20 years accounting for half of the increase in ocean heat content that has occurred since pre-industrial times, […]
The economic value of the world’s oceans could drop by $2 trillion a year by 2100 if greenhouse gas emissions continue to rise on their current trend, according to a Stockholm Environment Institute (SEI) study. The Valuing the Ocean report, a summary of which was released on Wednesday, calculates the economic impact over the next […]