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Cbe Waves Newsletter: August 2022, Various

Newsletters

The Summer 2022 Center for the Blue Economy Waves Newsletter includes the following articles:

• A "How To" Guide for Creating Ocean GDP Accounts for NON-Economists
• The hidden landscape: Maritime cultural heritage of the Salas y Gómez and Nazca ridges with implications for conservation on the high seas
• Introducing the 2022 Center for the Blue Economy Summer Fellows
• Virtual Reality to the Rescue--two new climate change applications
• Celebrating the Biden-Harris Whole-of-Government Ocean Climate Action Plan
• Celebrating the Inflation Reduction Act--biggest spending on climate change in US history
• Student and alumni profiles
• Out of the Arctic podcast created by IEP MIIS student …

Benefits Cost Anaylsis: Options For Sea Level Rise Adaptation On West Cliff Drive, Charles S. Colgan, Philip King, David Revell

Publications

This report presents the results of a benefit cost analysis of various options for adapting West Cliff Drive (in the City of Santa Cruz, California) to sea level rise as identified through extensive technical analysis and community input. This report has built on previous work completed as part of the West Cliff Drive Adaptation and Management Plan project. The previous work products provided much of the information needed for this benefit cost analysis included an existing conditions inventory, future exposure and vulnerability assessment, and an adaptation alternatives analysis. Since most of the West Cliff Drive corridor is publicly owned by …

Characterizing The Ocean Economies Of Guam, American Samoa, And The Commonwealth Of The Northern Mariana Islands, Charles Goodhue, Charles Colgan, Kate Quigley, Jefferey Adkins, Christopher Hawkins, Doug Lyons, Camille Martineau, Jennifer Zhuang, Jean Tanimoto

Publications

The National Oceanic and Atmospheric Administration’s (NOAA’s) Economics: National Ocean Watch (ENOW) provides an annual time series of select employment, establishment, wage, and gross domestic product data for all 30 U.S. coastal and Great Lakes states as far back as 2005. As detailed in Section 4 of this report, ENOW covers 47 six-digit NAICS industries across the following six ocean- and Great Lakes– dependent sectors of the economy:

• Living resources
• Marine construction
• Marine transportation
• Offshore mineral resources •
• Ship and boat building
• Tourism and recreation

ENOW data play an important role in characterizing and determining the relative importance of the …

Climate Change Vulnerabilities In The Coastal Mid-Atlantic Region, Charles Colgan, Juliano Calil, Hauke Kite-Powell, Di Jin, Porter Hoagland

Publications

The Mid-Atlantic Regional Council on the Ocean (MARCO) has identified increased understanding of the possible effects of climate change on the socio-economic assets and systems of the region as a priority need. This is based both on recent experience studying climate change and concern for the economic values that have been placed at risk. Changes in ocean temperatures and chemistry are already affecting fisheries, while the critical marine transportation facilities of the region must now address concerns about sea level rise in addition to shifting global transportation markets. New research is showing that coastal and ocean ecosystems are already changing …

Regional Economic Vulnerability To Sea Level Rise In San Diego County, Charles Colgan, Fernando Depaolis, Shaun Richards

Publications

One of the consequences of climate change and sea level rise that has not been extensively examined is the possible damages that can be done to regional economies. Even under scenarios of relatively small sea level rise, areas historically at risk from flooding will find flooding increasing as storms increase in frequency and severity. The result will likely be temporary disruptions of business activity lasting days to weeks. Climate change and accompanying higher sea levels will mean increasing severity of flood risk that will well to areas that have been historically immune to flooding. The cumulative effect of these flood …

Arctic Economics Workshop, Dr. Judith T. Kildow, Michael Goldstein

Working Papers

About this Report

This report serves as the official Summary final report to participants and the public, from the Arctic Economics Workshop, sponsored by the National Science Foundation grant issued July 2017. It is a summary of participant remarks, ideas, and suggestions from the workshop. It will also be included as an addendum to our official reports to the National Science Foundation to be issued Spring, 2018. After the initial section on background and introduction, the remaining report highlights the three keynote presentations and the introductory presentation by the hosts who presented the research undertaken for the Workshop. The discussions …

The Economics Of Adaptation To Climate Change In Coasts And Oceans: Literature Review, Policy Implications And Research Agenda, Charles S. Colgan

Journal of Ocean and Coastal Economics

Sea level rise and other effects of climate change on oceans and coasts around the world are major reasons to halt the emissions of greenhouse gases to the maximum extent. But historical emissions and sea level rise have already begun so steps to adapt to a world where shorelines, coastal populations, and economies could be dramatically altered are now essential. This presents significant economic challenges in four areas. (1) Large expenditures for adaptation steps may be required but the extent of sea level rise and thus the expenditures are unknowable at this point. Traditional methods for comparing benefits and costs …

Tradeable Permits For Shoreline Protection: Reshaping Regulation Under The Coastal Act For The Era Of Sea Level Rise, Charles Colgan, Sarah Newkirk

Publications

California’s coast is one of the state’s and the nation’s premier locations. Home to millions of people, as well as a great diversity of natural features and habitats, it is also a place that is disappearing from beneath our feet. The dynamic interactions of water and land have eroded much of the historic California coast, and sea level rise threatens a dramatic acceleration of this trend. Fighting erosion has led to more than ten percent of California’s shoreline (and over thirty percent in southern California) being transformed from natural to man-made structures that resist, at least for a time, the …

Northeast Ocean Planning Baseline Assessment: Marine Resources, Infrastructure, And Economics, Hauke Kite-Powell, Charles Colgan, Porter Hoagland, Di Jin, Vinton Valentine, Brooke Wikgren

Publications

This document summarizes the status of coastal and marine resources in the Northeast region of the United States, and how these resources generate economic and ecological value. The Northeast region, for ocean planning purposes, includes the coastal counties of Maine, New Hampshire, Massachusetts, Rhode Island, and Connecticut, and the New York counties (bordering Long Island Sound) of Queens, Bronx, Suffolk, Nassau, and Westchester. The coastal and marine natural resources and coastal infrastructure of the Northeast, and the economic activities and cultural/recreational services that rely them, directly and indirectly support more than 500,000 jobs and $40 billion in economic value (GDP) …

Climate Adaptation And Resiliency Planning For New England Communities: First Steps And Next Steps, Charles Colgan, Jack D. Kartez Ph.D., Martha P. Sheils

Publications

Hurricane Irene tearing Vermont roads and bridges apart and Superstorm Sandy ripping through coastal areas; such phenomenal events are being joined by more frequent rain, tide and wind impacts that are disrupting communities and risking property and lives. New challenges arise from weather events that are driven by a less stable climate. The key difference between what communities already plan for and climate adaptation planning is the level of uncertainty about how impacts may change in the future and the potentially enormous and devastating damages that a community may sustain. This Guide presents an overview of that task, with links …

Economic Impacts Of Climate Adaptation Strategies For Southern Monterey Bay, Kelly Leo, Sarah Newkirk, Walter Heady, Brian Cohen, Juliano Calil, Philip King, Fernando Depaolis

Publications

Local governments along Monterey Bay’s shores are undertaking a number of initiatives for which sea level rise adaptation planning is required. Governor Schwarzenegger’s 2008 Executive Order S-13-08 and the 2011 Resolution of the California Ocean Protection Council on sea level rise led to the proliferation of individual agency guidance documents (e.g., CalTrans (2011), BCDC (2011), CCC (2015)) that require emerging best available science (e.g., Pacific Institute Report (Heberger et al. 2009), NRC Report (2012)). These guidance documents stipulate that sea level rise and coastal hazards need to be considered in planning (e.g., Climate Action Compact, Climate Action Plans, Integrated Regional …

The Potential Economic Impacts Of The Proposed Central Coast National Marine Sanctuary, Jason Scorse, Dr. Judith T. Kildow

Publications

The U.S. National Marine Sanctuary designation process is being reopened after 20 years, and coastal communities across the country are being encouraged to submit nominations. In response, there is a proposal for a new California Central Coast Marine Sanctuary, stretching from the Channel Islands to the northern tip of San Luis Obispo County. This report provides our best estimates from available and extrapolated information, of the potential economic impact on San Luis Obispo County, if this proposed National Marine Sanctuary becomes a reality.

Communities seek Sanctuary designation for many reasons, including the preservation of unique cultural and natural resources, permanent …

A Study On Rebuilding The Classification System Of The Ocean Economy, Dr. Kwang Seo Park

Working Papers

Many ocean countries have estimated and released the size of the ocean economy or industry. However it is difficult to compare the ocean economy among countries because the definition, classification standard and scope differ by each country. This study aims to provide concrete practical proposals for the definition, classification standard and scope of the ocean economy. With regard to the definition of the ocean economy, a combination of industrial and geographical perspectives is considered at the same time. As a result, the ocean economy is defined as the economic activities that directly or indirectly take place in the ocean, use …

The Role Of The Ocean Industry In The Chinese National Economy: An Input-Output Analysis, Rui Zhao

Working Papers

The Ocean Economy Accounting System (OEAS) was established in China in 2006. However, the economic indirect and induced impact of the ocean economy as part of the Chinese national economy has not been completely understood at the national or regional level. Activities in the marine sector not only affect the industries in this sector but also influence other sectors through inter-sector linkages. This paper employs input-output (I-O) analysis to examine the role of the ocean industry in the economy of Tianjin, China for the year 2007. This paper represents the first effort to quantify the inter-industry linkage effects on China's …

Blue Growth In The Middle Kingdom: An Analysis Of China’S Ocean Economy, Rui Zhao, Stephen Hynes, Guang Shun He

Working Papers

A nation’s economy has been described as a mechanical engine comprised of interconnected, moving parts [1]. In China, the ocean economy is now seen as a critical component of that engine. Following the reform of economic trade policy, especially in the period 2001-2010, China’s ocean economy has been growing rapidly, in line with national GDP. Also, as the second largest economy in the world, China is paying more and more attention to the sustainable development of its ocean economy. One important reason for this is that since joining the World Trade Organization (WTO), Chinese trade with other nations has steadily …