Seminar on external environmental costs in salmon aquaculture by Harald Bergland, School of Business and Economics, The Arctic University of Norway, Tromsø, and Pål Andreas Pedersen, Nord University Business School, Bodø, Norway.
Time: Tuesday, April 17, 2018, at 11:00 - 12:00
Place: DTU Compute, building 303B, room 134, Matematicum
Title of talk: Internal and external environmental costs in salmon aquaculture
Speakers:
Harald Bergland, School of Business and Economics, Campus Harstad, University of Tromsø - The Arctic University of Norway, and
Pål Andreas Pedersen, Nord University Business School, Bodø, Norway
Abstract:
Environmental damage occurs when some activities affect the society or the environment in a negative way. In environmental economics, such damages or disadvantages are included in the concept of negative external effects or externalities, defined as unintended negative impact on the well-being (utility) for individuals or negatively affected production possibilities for other actors.
An aquaculture production plant releases pollutants to the environment because of the characteristics of its production technology and regular operation. Pollutants from aquaculture plants may affect other aquaculture plants as well as ecological and physical conditions influencing on wild fish harvesting and other nature based activities in the oceans and the coastal zones.
Within the aquaculture industry there are internal firm-costs stemming from damage control actions, such as vaccines, water treatment and parasite control, as well as possible externality costs inflicted upon both other aquaculture plants, wild fisheries and other production and consumption activities.
Based on this framework of environmental and resource economic analysis, we will discuss concrete environmental issues in fish farming, and give examples from the Norwegian salmon industry.
Bergland and Pedersen visit DTU Compute all of next week.
You are all welcome to join this seminar.