How Does Ocean Pollution Affect The Economy

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Ocean pollution impacts far more than just the water itself. The aftermath of the oil spill known as “Deepwater Horizon,” appears to have had very dramatic (negative) effects on the economy. Recreational fishing and marine aquaculture suffered from a loss in “fish value chain” (Canadian Journal of Fisheries and Aquatic Sciences, et, al, 2012). The aftermath of 4.9 million barrels of oil contaminating the Gulf of Mexico in 2010 was very costly. One study concluded that it cost roughly $260 for clean-up (per gallon), $1.71 of oil loss (per gallon), and $9.91-19.81 in environmental and resource damage (per gallon). Aside from these initial damage costs, the Canadian Journal of Fisheries and Aquatic Sciences concluded that commercial and recreational
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