www.bloomberg.com Open in urlscan Pro
151.101.1.73  Public Scan

URL: https://www.bloomberg.com/news/articles/2023-07-11/deep-sea-mining-threatens-5-5-billion-tuna-industry-study-finds
Submission: On July 12 via api from US — Scanned from DE

Form analysis 0 forms found in the DOM

Text Content

Skip to content

Skip to content
Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal
Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg
Customer SupportCustomer Support

Think Bigger:See how we drive impact, create opportunities and power decisions

Europe Edition

 * UK
   
 * Europe
   
 * US
   
 * Asia
   
 * Middle East
   
 * Africa
   
 * 日本
   

Sign In Subscribe



 * Live Now
   
   
   BLOOMBERG TV+
   
   
   BLOOMBERG DAYBREAK MIDDLE EAST & AFRICA
   
   Daybreak Middle East & Africa is your daily spotlight on one of the world's
   fastest-growing regions. Live from Dubai, we bring you the latest global
   markets and analysis, plus news-making interviews, with a special focus on
   MEA. All that and more, as you head to the office in the Gulf, pause for
   lunch in Hong Kong, or start your day in London or Johannesburg.
   
   
   BLOOMBERG RADIO
   
   
   BTV SIMULCAST
   
   A live simulcast of Bloomberg Television.
   
   Listen
   
   --------------------------------------------------------------------------------
   
   
   BLOOMBERG ORIGINALS
   
   
   JANNIK SINNER, LINDSEY VONN AND THE QUEST FOR EXCELLENCE
   
   No matter how talented an athlete is, seeking advice from those who have gone
   before you is part of the journey to success. That’s exactly what
   professional tennis player Jannik Sinner had in mind when he met up with
   Lindsey Vonn, US Olympic Champion and one of the best alpine ski racers of
   all time. Have you ever wondered about the number of sacrifices a winning
   athlete has to make? The pressure to perform and remain at the top once
   you're there? Watch Vonn and Sinner as they explore the dedication and work
   required to become the best. (The film was produced in part by StarWing
   Sports Management, which represents Sinner.)
   
   
   ALSO STREAMING ON YOUR TV:
   
   
 * * Markets
     Markets
      * Deals
      * Odd Lots
      * The FIX | Fixed Income
      * ETFs
      * FX
      * Factor Investing
      * Alternative Investing
      * Economic Calendar
      * Markets Magazine
     
     
     BUSINESS
     
     A River at Europe’s Heart Gives a Climate Solution to Riled Farmers
     
     
     MARKETS
     
     Australia Gives China Extra Month to Decide on Barley Tariffs
     
     
     MARKET DATA
     
      * Stocks
      * Commodities
      * Rates & Bonds
      * Currencies
      * Futures
      * Sectors
     
     View More Markets
   * Economics
     Economics
      * Indicators
      * Central Banks
      * Jobs
      * Trade
      * Tax & Spend
      * Inflation & Prices
     
     
     ECONOMICS
     
     New Zealand Keeps Rates on Hold as Inflation Pressures Wane
     
     
     TECHNOLOGY
     
     Taiwan Chip Exports Plunge 21% as Device Makers Clear Inventory
     
     
     ECONOMICS
     
     Australia Treasurer to Finalize RBA Governor With Cabinet ‘Soon’
     
     View More Economics
   * Industries
     Industries
      * Consumer
      * Energy
      * Entertainment
      * Finance
      * Health
      * Legal
      * Real Estate
      * Telecom
      * Transportation
     
     
     BUSINESS
     
     A River at Europe’s Heart Gives a Climate Solution to Riled Farmers
     
     
     PODCAST
     
     Peterson’s Adam Posen ‘Wouldn’t Rule Out’ 7% UK Interest Rate
     
     
     FEATURED
     
      * Business of Sports
     
     View More Industries
   * Tech
     Tech
      * AI
      * Big Tech
      * Cybersecurity
      * Startups
     
     
     CYBERSECURITY
     
     China-Based Hackers Breached Government Emails, Microsoft Says
     
     
     TECHNOLOGY
     
     FTC Leaning Toward Appealing Microsoft-Activision Loss
     
     
     HYPERDRIVE
     
     A SPAC Fiasco Threatens Future of $500,000 Hoverbike Pioneer
     
     View More Tech
   * AI
     AI
      * Stocks to Watch
      * Startups & Investing
      * Ethics, Law & Policy
      * Jobs & Economy
     
     
     THE BIG TAKE
     
     AI Is Making Politics Easier, Cheaper and More Dangerous
     
     
     TECHNOLOGY
     
     Tech Investors Bet on AI, Leave Crypto Behind
     
     
     AI
     
     Salesforce Makes Rare Price Hike After Launching AI Features
     
     View More AI
   * Politics
     Politics
      * US
      * UK
      * Americas
      * Europe
      * Asia
      * Middle East
     
     
     POLITICS
     
     China Slams Bulgari For Not Showing Taiwan As Part of Country
     
     
     POLITICS
     
     Wanted HK Activist Denies Family Help After Police Question Them
     
     
     FEATURED
     
      * Next China
     
     View More Politics
   * Wealth
     Wealth
      * Investing
      * Living
      * Opinion & Advice
      * Savings & Retirement
      * Taxes
      * Reinvention
     
     
     WEALTH
     
     Jack Ma’s Wealth Drops $4.1 Billion as Ant’s Valuation Slashed
     
     
     SAVINGS & RETIREMENT
     
     US State Pension Funding Rebounds on Stock Gains, Wilshire Says
     
     
     FEATURED
     
      * How to Invest
     
     View More Wealth
   * Pursuits
     Pursuits
      * Travel
      * Autos
      * Homes
      * Living
      * Culture
      * Style
     
     
     CULTURE
     
     The Barbie-Oppenheimer Double Feature Is Really Happening, Data Shows
     
     
     TRAVEL
     
     Where to Gambol: Cyprus Now Has the Largest Casino Resort in Europe
     
     
     FEATURED
     
      * Screentime
      * New York Property Prices
      * Where to Go in 2022
     
     View More Pursuits
   * Opinion
     Opinion
      * Business
      * Finance
      * Economics
      * Markets
      * Politics & Policy
      * Technology & Ideas
      * Editorials
      * Letters
     
     
     STUART TROW
     
     Brits Aren't Retiring Early to Go Play Golf
     
     
     RACHEL SANDERSON
     
     Spain's Political Storm Stirs Separatist Movements
     
     
     ADRIAN WOOLDRIDGE
     
     Scratch a Tech Bro and You’ll Find a Naked Ape
     
     View More Opinion
   * Businessweek
     Businessweek
      * The Bloomberg 50
      * Best B-Schools
      * Small Business Survival Guide
      * 50 Companies to Watch
      * Good Business
      * Subscribe to the Magazine
     
     
     TECHNOLOGY
     
     Russian Wikipedia’s Top Editor Leaves to Launch a Putin-Friendly Clone
     
     
     FEATURE
     
     iQuit: My Hellish Attempt to Leave Apple’s Walled Garden
     
     
     ECONOMICS
     
     Americans Prepare for Tighter Budgets as Student Loan Payments Resume
     
     View More Businessweek
   * Equality
     Equality
      * Corporate Leadership
      * Capital
      * Society
      * Solutions
     
     
     SOCIETY
     
     Think Better Education Brings More Jobs? Not for Chinese Women
     
     
     EQUALITY
     
     Ford Executive Charged With Assault After Purse-Burning Dispute With Wife
     
     
     FEATURED
     
      * In Trust Podcast
     
     View More Equality
   * Green
     Green
      * New Energy
      * ESG Investing
      * Weather & Science
      * Climate Politics
      * Greener Living
      * Cleaner Tech
     
     
     GREEN
     
     Radioactive Water Worries Japan’s Top Seafood Trade Partners
     
     
     GREEN
     
     Polluters to Face Unlimited Fines as UK Tackles Sewage Crisis
     
     
     FEATURED
     
      * Data Dash
      * Hyperdrive
     
     View More Green
   * CityLab
     CityLab
      * Design
      * Culture
      * Transportation
      * Economy
      * Environment
      * Housing
      * Justice
      * Government
      * Technology
     
     
     ECONOMY
     
     China's Hidden-Debt Problem Laid Bare in Zunyi City's Half-Finished Roads,
     Empty Flats
     
     
     CITYLAB
     
     NYPD Raids Unlicensed Marijuana Dispensaries in Lower Manhattan
     
     
     ECONOMY
     
     NY Urged to Curb Madison Square Garden Tax Break That’s Cost $1 Billion
     Since the 1980s
     
     View More CityLab
   * Crypto
     Crypto
      * Decentralized Finance
      * NFTs
      * Regulation
      * Technology
     
     
     CRYPTO
     
     Temasek Has No Plans to Invest in Crypto Exchanges For Now: CNBC
     
     
     CRYPTO
     
     BlockFi Settles With Management Over Crypto Lender’s Collapse
     
     
     CRYPTO
     
     US Prosecutors Accuse Engineer of Stealing Millions of Dollars in Crypto on
     DeFi Platform
     
     View More Crypto
 * More
   
   --------------------------------------------------------------------------------
   
   
   
   





Green
Weather & Science


DEEP SEA MINING THREATENS $5.5 BILLION TUNA INDUSTRY, STUDY FINDS

Climate change is driving tuna toward toward the Clarion-Clipperton Zone, a
region of the Pacific Ocean targeted for the mining of valuable metals.

Rising ocean temperatures are expected to cause tuna to migrate eastward
toward the Clarion-Clipperton Zone, where deep sea mining is most likely to
occur.

ISSF photo by Jeff Muir

By

Todd Woody

+Follow
July 11, 2023 at 9:00 AM GMT


LISTEN TO THIS ARTICLE

3:46


SHARE THIS ARTICLE


Copied
Gift
Gift this article

Exit

Subscriber Benefit

Bloomberg subscribers can gift up to 5 articles a month for anyone to read, even
non-subscribers! Learn more

Subscribe

Sign In
Follow the authors
@greenwombat
+ Get alerts forTodd Woody



GREEN DATA DASH

52, 000
Million metric tons of greenhouse emissions, most recent annual data
Vereeniging, South Africa
Most polluted air today, in sensor range
+0. 97° C
May. 2023 increase in global temperature vs. 1900s average
56%
Carbon-free net power in the U.K., most recent data
0
3
2
1
0
9
,
0
2
1
0
9
8
0
8
7
6
5
4
0
4
3
2
1
0
Soccer pitches of forest lost this hour, most recent data
0
6
5
4
3
2
0
4
3
2
1
0
0
3
2
1
0
9
.
0
5
4
3
2
1
0
2
1
0
9
8
0
3
2
1
0
9
0
4
3
2
1
0
0
3
2
1
0
9
0
0
9
8
7
6
Parts per million CO2 in the atmosphere
$69. 9B
Renewable power investment worldwide in Q2 2020
-11. 15%
Today's arctic ice area vs. historic average
Open


Scientists expect climate change to increasingly drive tuna into the path of
potential deep sea mining operations.

In a peer-reviewed paper published Tuesday in the journal Nature npj Ocean
Sustainability, researchers analyzed climate models to predict that the biomass
of bigeye, skipjack and yellowfin tuna species will increase by an average of
21% by mid-century in the Clarion-Clipperton Zone, a vast region of the Pacific
Ocean between Hawaii and Mexico that is targeted for the mining of valuable
metals.

More from
Bloomberg green
A River at Europe’s Heart Gives a Climate Solution to Riled Farmers
Radioactive Water Worries Japan’s Top Seafood Trade Partners
Polluters to Face Unlimited Fines as UK Tackles Sewage Crisis
California Grid Sees Tenfold Spike in Battery Storage in 3 Years

“These projected increases in overlap indicate that the potential for conflict
and resultant environmental and economic repercussions will be exacerbated in a
climate-altered ocean,” the study states.

The paper builds on previous research forecasting that rising ocean temperatures
will cause tuna to migrate eastward toward the end of the Clarion-Clipperton
Zone, where mining is most likely to occur.




If mining proceeds, it could damage the $5.5 billion Pacific tuna industry in
several ways, according to the researchers. Mining companies plan to send giant
robots to the ocean floor — 13,000 feet (4,000 meters) down — to suck up
polymetallic nodules, potato-sized rocks rich in cobalt, nickel and other
metals. Mining would spawn sediment plumes that could spread over hundreds of
feet or more. Once the nodules are transported to the surface and processed,
another plume of mining waste would be released back into the ocean.

“That could potentially be at depths that would impact the breathing and feeding
of tuna and the prey that they rely on for food, increase their stress hormone
levels and have other consequences,” said Diva Amon, the study’s lead author and
a deep sea scientist at the University of California at Santa Barbara. Tuna
health could also be harmed by the release of toxic metals during mining, while
noise and light from around-the-clock extraction operations could affect their
breeding and migration patterns. 





The study’s publication coincides with this week’s meeting of the International
Seabed Authority (ISA), the UN-affiliated organization that regulates deep sea
mining. The ISA is drafting regulations that could permit mining operations to
begin as soon as 2024 in the Clarion-Clipperton Zone, but a growing number of
its 167 member nations (plus the European Union) are calling for a moratorium or
pause on seabed mining. On Tuesday, the Global Tuna Alliance, a consortium of
retailers and supply chain companies, joined six other seafood industry
groups in also calling for a pause.

Read More: A Showdown in Jamaica Is Deciding the Fate of the Deep Ocean



The scientists say their findings underscore the need for the ISA to consider
potential impacts on tuna fisheries. The organization does not currently require
mining companies to take those impacts into account, and does not factor them
into its own regional environmental management plans.

The ISA has not yet issued regulations governing the depth of mining waste
discharges. The paper noted that deep-diving tuna live as much as 500 meters
beneath the surface, while their prey can be found at 1,500 meters. “Discharging
below that would be a better situation for tuna,” Amon said. “But it’s going to
be more costly and technically challenging for deep sea mining operations, and
mining contractors may not be incentivized to do that.”

Grantly Galland, a project director with the Pew Charitable Trusts’
international fisheries program, said regional fisheries management
organizations — known as RFMOs, they are in charge of tuna populations in the
Pacific — have not considered the consequences of deep sea mining. “It's
definitely not on their radar and really has not come up at a single meeting
I've been to recently,” Galland said. He expects the new paper to change that,
and to perhaps encourage RFMOs to join the ISA as accredited observers so
officials can make their views known.

“Mining in areas like this one that are home to sensitive ecosystems and
valuable fisheries should not be allowed unless we have the scientific knowledge
to be reasonably certain that wildlife and fisheries can be protected from these
new activities,” Galland said.





SHARE THIS ARTICLE


Copied
Gift
Gift this article

Exit

Subscriber Benefit

Bloomberg subscribers can gift up to 5 articles a month for anyone to read, even
non-subscribers! Learn more

Subscribe

Sign In
Follow the authors
@greenwombat
+ Get alerts forTodd Woody



GREEN DATA DASH


Open

Have a confidential tip for our reporters?
Get in touch
Before it's here, it's on the
Bloomberg Terminal
Learn more

LIVE ON BLOOMBERG
Watch Live TVListen to Live Radio
Video Player is loading.
Play Video
Play
Unmute

Current Time 0:00
/
Duration 0:00
Loaded: 0%

0:00
Progress: 0%
Stream Type LIVE
Remaining Time -0:00
 
Playback Rate

1x
Chapters
 * Chapters

Captions
 * captions settings, opens captions settings dialog
 * captions off, selected

Fullscreen

This is a modal window.



Beginning of dialog window. Escape will cancel and close the window.

TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque
Font Size50%75%100%125%150%175%200%300%400%Text Edge
StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional
Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall
Caps
Reset restore all settings to the default valuesDone
Close Modal Dialog

End of dialog window.


Play Again





MOST READ

 * Technology
   Microsoft Cleared to Buy Activision in US as UK Pauses Fight
 * Markets
   Meme Stocks Are Back, Raising a ‘Red Flag’ for the Broader Market
 * Markets
   Short Seller Andrew Left Is Living in Fear of the Feds
 * Markets
   Wall Street Traders Drive Stocks Higher Before CPI: Markets Wrap
 * Businessweek
   Americans Prepare for Tighter Budgets as Student Loan Payments Resume


Copy Link


MORE FROM BLOOMBERG

Hollywood Grapples With How to Use Its Climate Superpowers

What One of Climate Tech’s Earliest Investors Thinks Is Coming Next

Apollo’s Rare Emissions Disclosure Offers Clue to CO2 Challenge



Sunak Slammed Over Environment as UK Climate Minister Quits


TOP READS

A River at Europe’s Heart Gives a Climate Solution to Riled Farmers

by John Ainger

With Plenty of Clean Energy, Brazil Aims for Green Hydrogen Export Market

by Peter Millard

Spain May Be Moving Too Fast in Its Green Energy Push

by Thomas Gualtieri

A $30 Billion Disaster Is Just the Tip of a Deadly Climate Cycle

by Coco Liu and Faseeh Mangi


Terms of Service Manage Cookies Trademarks Privacy Policy ©2023 Bloomberg L.P.
All Rights Reserved
Careers Made in NYC Advertise Ad Choices Help


Get unlimited access today.Explore Offer Arrow Right
Chevron Down
Subscribe now for unlimited access to Bloomberg.com and the Bloomberg app
Global news that uncovers a new tomorrow. Cancel anytime.
Get uninterrupted access to global news. Cancel anytime.
Claim This Offer