What’s holding back America’s blue economy?
The blue economy is simultaneously one of the oldest and newest markets on earth.
Throughout history, great powers have used the oceans to extract natural resources, conquer new lands, and trade goods. The oceans have also played a critical role in cooling the planet, making it habitable despite the accelerating pace of global carbon emissions: Oceans produce over half the oxygen we breathe, according to the National Oceanic and Atmospheric Administration (NOAA), and absorb 50 times as much carbon dioxide as the atmosphere.