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Coral bleaching is not only heartbreaking, it’s also bad economics

By Laurence McCook, Adjunct Professorial Research Fellow, Partner Investigator, ARC Centre of Excellence for Coral Reef Studies, James Cook University
Rashid Sumaila, Director & Professor, Fisheries Economics Research Unit, University of British Columbia

Estimates of the economic value of the Great Barrier Reef range from $21 billion to $56 billion, but its true value is almost certainly higher.

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