Economic analysis of salmon farming by UK think tank Just Economics reveals that the industry has produced negative externalities worth in the region of USD$47 billion since 2013.
Report finds that “a combination of growing environmental impacts, consumer demand for ethical and environmentally-friendly products and direct losses from poor fish husbandry are creating long run economic risks to the industry, that can only be mitigated by investing in better farming practices and reduction of environmentally harmful aspects, such as use of wild-caught fish. It shows how measures such as high stocking densities, are a false economy as they have led to increasing mortalities on salmon farms.”
This infographic clearly and succinctly summarizes the issues covered. Read the full report, here.