Week 6 Dialouge

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Regent University *

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Economics

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Apr 29, 2024

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Saving the whales: Can the approach Hank Fischer used with wolves be applied to other animals like whales? This intriguing concept, which was applied by Hank Fischer, was well adapted to an environment where wolves were only a problem when they happened to destroy a potential profit for a cattle rancher. In resolution to the loss he coordinated fund efforts to compensate at an appropriate market and future market value of the lost investment. Potentially applying the same approach to saving the population of whales would not work the same. This is because whales compete with humans for fish, and whalers are reducing their food sources. Additionally, some fishermen are adversely attempting to kill their fish competitors if they can get away with it. To compensate the fishermen for a lack of catch or lower quantities of haul with the justification that a whale is competing with me; One: would be hard to prove. Two: would be a reversal of the application since we are paying groups to not out fish and compete with the whales. However, we could implement authorized locations for fishing, allowing whales the full roam of the waters to graze if you would. This would force fishermen to seek alternate and possibly further waters to seek fish. Ultimately, a mandate or governmental measure of protection could be a solution as we, as a competitor, are out-competing these whales. Hi Dylan, What are the many uses of whale? If whales were extent what type of species would be overpopulated because whales would be taken out of the food chain? Can you explain how pollution has affected food chains throughout the world? How do you suppose rising sea water has affected the lifecycle of ocean species? Why is whale poaching illegal? Who is supposed to compensate fisherman for their losses because of competition between man and whales? Blessings, ~Dr. Sherwood Thank you for bringing up these crucial questions about the potential and unknown impacts of the full extinction of a species and the environmental implications we see today, as well as those in a worst-case scenario where to potentially occur. Whales are currently known to eat a sea creature called krill and they ensure that these levels of krill do not overpopulate our oceans. Additionally, whales also feed bottom-feeding fish and scavengers such as sharks and even killer whales when they die. Outside of their ecosystem, whales are hunted by humans for their potential use in the sale of their meat and body and are transformed for uses in oil, meat, fertilizer, and pharmaceutical or health supplements; however, this is only in the region of the Asias. If whales became fully extinct the outcome could be sever, and the repercussions are unknown, however a potential could be that krill would multiply depleting the population of phytoplankton which is what they eat. This could cause an unknown catastrophic imbalance to the marine ecosystem due to their removal to the balance of the food chain, including the other animals that eat the dead whales, such as sharks, orcas, and other bottom feeders who would suffer as a result of this.
Poaching of whales is illegal since the discovery that whales of many species were near extinction in the 1960’s leading to a world ban in 1969 that many countries adopted. Eventually, in the 1980’s whaling was internationally ceased as an industry due to the rise in concern of the whales extinction. Since fishermen may feel a loss due to the imposed competition with whales or the inability to hunt them, the countries imposing such laws should work in partnership with the local communities and economies to find alternate methods of revenue or adapt a temporary compensation to turn the actions of whale hunting towards other economically impacting and revenue-producing activities. Pollution as an additional factor has impacted in a few ways, as you brought up firstly in the way government and industry react and adjust to incentives and mandates designed to lower emissions of industries while giving them a tax break for choosing to operate in reduced emission manners. This has, in turn, impacted the way trade and transport, as well as manufacturing of goods, is conducted in our country and abroad when import laws come into play. Secondly, pollution has impacted the earth over our industrial revolution and into this era by increasing global warming. Scientists have provided theory and some evidence that glacier melting will increase global sea levels as temperatures rise on average due to our added pollution. This has unknown implications to ecosystems and yet known disastrous actions on rising tides and flat lands near sea level that are now being flooded in seasonal tide rises as well as other weather pattern changes that overload or are abnormal to regions around the world. References Bandera, G. (2023, November 4). The Blue Whale is close to extinction. How many are left? FairPlanet. https://www.fairplanet.org/story/endangered-species- blue-whale/#:~:text=Without%20a%20population%20of%20whales,help %20regulate%20the%20planet's%20climate . Big Fish: A Brief History of whaling . (n.d.). https://education.nationalgeographic.org/resource/big-fish-history-whaling/ Cowen, T., & Tabarrok, A. (2020). Modern Principles of Economics (5th ed.). Macmillan Higher Education. https://mbsdirect.vitalsource.com/books/9781319329464 Kiley, K. (2024, April 17). Whales and Hunting - New Bedford Whaling Museum . New Bedford Whaling Museum. https://www.whalingmuseum.org/learn/research- topics/whaling-history/whales-and-hunting/
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