The potential value of improved ocean observation systems in the Gulf of Mexico

The potential value of improved ocean observation systems in the Gulf of Mexico

Primary Country: Mexico
Ecosystem: shelf sea
Sample Value Estimates:
  1. $1.25-2.5 million/year: expected savings from a weather forecasting model improvement leading to a 10-20% more accurate prediction on hurricane path/zone to avoid evacuation
  2. $3.8-7.5 million/year: expected savings from a model improvement leading to 0.5-1 day of continued production
Data source: This source provided by Salman Hussain at the Scottish Agricultural College.

Publication information

Kaiser, Mark J Pulsipher, Allan G. “The potential value of improved ocean observation systems in the Gulf of Mexico” Marine Policy, 2004

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