Great Lakes aquaculture could become a $1 billion industry in Canada and the U.S., according to a 2014 paper.
One key for reaching that potential is for the Great Lakes states to follow Canada and legalize offshore aquaculture, reports the paper that was sponsored by Michigan Sea Grant, NOAA, Michigan State University and the state of Michigan.
Offshore aquaculture involves farm-raising up to several million fish in cages along the coasts of natural bodies of water instead of the inland practice of using large landlocked tanks. This allows fish to remain in their natural environment, and provides a more efficient way of harvesting them.
Continue reading Aquaculture: Weighing economic potential, environmental risk