Thursday 5 June 2014

Oceans worth up to $222 bln annually in CO2 capture

WATER WORLD
Oceans worth up to $222 bln annually in CO2 capture
Bonn (AFP) June 04, 2014 - By absorbing carbon emissions from the atmosphere, the seas avert climate damage worth up to $222 billion (163 billion euros) every year, according to an estimate released on Thursday. Fish catches are worth another $16 billion annually, according to the report by a non-governmental watchdog, the Global Ocean Commission, which hopes that by setting an economic price on the value of internati ... more


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