Thursday, 1 February 2024

How much is a whale worth?

Without whales human beings are destined to lose much more than you think.

The International Monetary Fund (IMF) has emphasised the significant value of healthy whale populations in the ocean. Policymakers and Economists have expressed the advantages that whales offer various industries, notably ecotourism, environmental contributions, and carbon absorption. Analysis of these factors reveals that a single large whale's lifetime value is approximately $2 million. Extrapolating this across the estimated global whale population suggests a total worth of about $1 trillion. These findings underscore the critical role of whales and advocate for the cessation of whale hunting. Whales are essential to the marine ecosystem, contributing up to 50% of oxygen production and actively mitigating climate change. Upon their demise, whales facilitate carbon sequestration as their bodies sink to the seabed. It is imperative to restore their ocean habitat and allow populations to rebound to pre-industrial whaling and fishing levels.

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