Emerging Technologies and the Private Stewardship of Marine Resources

Abstract

"Open-access to valuable resources results in disaster. The only solution is to limit access and enclose ocean resources, either privately or by government action. Private conservation is becoming more and more feasible as emerging technologies increase the ability of owners to control marine resources. The challenge that lies ahead is to delineate control of the marine environment, creating owners who will be encouraged to conserve resources and to harvest and develop the full potential of advances in technology."