Ocean output rivals big nations' GDP, but resources eroding

[Little Tich]

Source: Yahoo! News / Reuters

OSLO (Reuters) - Economic output by the world's oceans is worth $2.5 trillion a year, rivaling nations such as Britain or Brazil, but marine wealth is sinking fast because of over-fishing, pollution and climate change, a study said on Thursday.

"The deterioration of the oceans has never been so fast as in the last decades," Marco Lambertini, director general of the WWF International conservation group, told Reuters of the study entitled "Reviving the Ocean Economy".

Ocean output, judged as a nation, would rank seventh behind the gross domestic product of Britain and just ahead of Brazil's on a list led by the United States and China, the study said.

The report, by WWF, the Global Change Institute at Queensland University in Australia and the Boston Consulting Group, estimated that annual "gross marine product" (GMP) was currently worth $2.5 trillion.

Read more: http://news.yahoo.com/ocean-output-rivals-big-nations-gdp-resources-eroding-220528649.html

[MindMover]

1. "marine wealth"

Just using the word "wealth" with marine life, denotes capitalism and all its ugly greedy trappings and how little the human race understands the oceans of life.