October 30, 2015 — SOUTH PORTLAND — Several Maine business owners said Friday that adapting to climate change doesn’t have to be costly and, in many cases, can help a company’s finances as well as the environment.
Climate change presents considerable challenges but also potential opportunities to Maine businesses and communities, many of which are witnessing the impacts of a changing ocean environment before their counterparts elsewhere around the country. That was a key theme of a forum co-sponsored Friday by the South Portland Chamber of Commerce and the Natural Resources Council of Maine.
“Ultimately, this has to make economic sense,” U.S. Sen. Angus King, I-Maine, said via Skype because early-morning budget votes in Washington prevented his return to Maine. “We can’t depend on everybody simply being good guys or nice men and women. It has to work in terms of a return on investment.”
Laying out the challenges facing Maine due to a changing climate, King and Gulf of Maine Research Institute President and CEO Don Perkins discussed how lobster and other fish species are already changing their habits as the Gulf of Maine warms. A recent six-part Portland Press Herald series explored the ecological and economic implications of the fact that the Gulf of Maine has warmed faster than almost every part of the oceans around the globe during the past decade.
“It’s real and it has very sobering implications for our fishing industry, obviously,” said Perkins, whose staff at GMRI recently co-authored a scientific study showing cod populations were not recovering because of warming Gulf of Maine waters. “Once you get over agonizing about that – and it is cause for agony – the fact is that we’re dealing with that problem a decade or a few decades earlier than many other ocean regions. And as a result, there is a huge opportunity in this state to figure out how to understand a changing system.”
Read the full story at Portland Press Herald