UK coastal waters valued at £200bn by ONS
by Richard Partington Economics correspondent from on (#5G80D)
Estimate of marine assets balloons as offshore wind soars alongside seaside's importance for recreation, carbon capture and wildlife
The economic value of the UK's coastal waters has been put at more than 200bn amid growing recognition of the sea's importance for renewable energy and as a barrier against global heating.
In an official estimate for the value of marine natural assets, the Office for National Statistics said offshore wind production had soared in value by 37 times in the past decade.
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