Image:Britain needs to re-think its 'blue economy'
Britain must re-invent its relationship with the sea if it's to exploit the huge potential of the future marine economy, according to a major new report.
The value of world's oceans is set to double to £2.14tn by 2030.
But the Government Office for Science Foresight warns the UK will miss out if it continues to rely on established industries such as oil and gas, fishing and shipbuilding.
It says emerging sectors like offshore renewable energy, marine biotechnology and seabed mining offer huge opportunities for economic growth.
The report, Future of the Sea, underlines Britain's expertise in ocean science, with autonomous and robotic vehicles increasingly being used to map the seafloor and understand the marine environment.
Professor Ed Hill, executive director of the National Oceanography Centre, told Sky News that we know less about the bottom of the sea than the moon or Mars.
"We are going to move into the deep sea, because of the importance of sustaining life on earth, so we need to learn more about it so we can do that sustainably, and so we can manage the ocean in a more effective way. "
Image:The UK will miss out if it continues to rely on established ocean-related industries
More than 500,000 people in the UK have jobs connected to the sea, and it adds £47bn a year in value to the national economy.
But dwindling oil and gas reserves, fragile fish stocks and the impact of climate change mean Britain needs to re-think its 'blue economy.'
Deep sea mining of metals on the seafloor, including cobolt for the massive growth in phone and car batteries, could be worth £40bn to the UK over the next 30 years.
Britain could also take a 10% share of the global market in autonomous and robotic ships which is set to be worth £97bn over the next 15 years.
And with more offshore windfarms than any other country, exports of skills and technology could be worth a further £2.9bn a year by 2030.
Image:Emerging sectors offer huge opportunities for economic growth
Professor Ian Boyd, co-author of the report and a scientific adviser to the government, said: "Our use of the ocean is going to continue to increase. Transport, fish and geological resources, wind and wave energy, all going to increase in the future, and further out into sea, in deep oceans."
But the report warns that exploiting the world's oceans needs to be done sustainably.
Almost of a third of the world's fish stocks are harvested to biologically unsustainable levels.
New post Felicity Cloake’s hot cross buns recipe Felicity Cloake’s step-by-step approach to the quintessential Easter treat fun of making your own. They may take some time to prep but are all part of the pre-Easter ritual. Prep 3 hr Bake 25 min Makes 16 200ml milk , plus a little extra for glazing 3 cardamom pods 1 cinnamon stick 2 cloves ¼ tsp grated nutmeg 1 pinch saffron 450g strong white flour 7g sachet fast-action yeast 100g cold butter 50g golden caster sugar , plus 1 tbsp extra for the syrup ½ tsp salt ½ tsp ground ginger 3 eggs 150g currants 50g mixed peel 3 tbsp plain flour 1 Infuse the milk Pour the milk into a small pan. Squash the cardamom pods with the back of a knife, then add to the milk with the cinnamon, cloves, nutmeg and saffron. Heat gently to a simmer, then take the pan off the heat and leave the milk to infuse for an hour. All Dfg 3 Make the dough Lightly beat two of the eggs, then pour these into the...
What to watch in the Americas today Expansion: The US Federal Reserve will get a gander at its leaned toward expansion measure today with the arrival of individual utilization consumptions (PCE) information. The PCE value record barring food and energy costs was up 4.1 percent in October, the biggest leap since the 1990s. Financial analysts surveyed by FactSet expect a considerably greater yearly ascent in November of 4.6 percent. The report will likewise detail the most recent information on close to home spending and pay. Estimate show that both are probably going to have climbed month-to-month. Jobless cases: Economists have anticipated that new joblessness filings ticked lower last week to 205,000 from the 206,000 every week sooner. That would mean the speed of jobless cases stayed close to pre-pandemic levels, a sign that organizations have kept away from lay-offs while attempting to staff up in the midst of the recuperation. Tough merchandise: The Census Bureau will distribute it...
Susan Boyle 'Is Replaced on Britain's Got Talent: The Champions' Susan Boyle has been reportedly been replaced on Britain’s Got Talent: The Champions (Picture: Rex) Susan Boyle is reportedly being replaced on Britain’s Got Talent : The Champions by 2011 winner Jai MacDowall. SuBo’s place on the BGT spin-off series had been in jeopardy due to her packed schedule, so bosses chose to recruit another contestant, sources claimed. Scottish singer Jai, 33, was apparently brought in by producers after successfully auditioning against 2014 finalist Lucy Kay, 30. ‘They didn’t want to be short of contestants and SuBo was looking unlikely to confirm her appearance,’ a source told . ‘Jai was ecstatic and will be putting his heart into the show, in the hope of making it right to the end.’ Metro.co.uk has contacted reps for ITV and Susan for comment. Jai McDowall, who won the 2011 series, is apparently replacing her (Picture: Getty) Susan, who has sold m...
Kenya has announced the removal of visa requirements for all visitors, starting in January. President William Ruto stated that a digital platform has been developed to provide electronic travel authorization, eliminating the need for a visa. This decision is part of Kenya's efforts to promote tourism and facilitate easier travel for visitors. The move is also in line with the country's plan to end all visa requirements for visitors from other African countries by 2024 This significant change in visa policy is expected to have a positive impact on tourism and travel to Kenya. It reflects the country's commitment to enhancing its openness and accessibility to visitors from around the world, particularly from the African continent. The removal of visa requirements is likely to contribute to the growth of the tourism sector and strengthen Kenya's position as a key destination for travelers. The new policy aligns with President Ruto's vision of promoting visa-free tr...
Comments
Post a Comment
comments below