Friday, July 17, 2009

Turn Old Oil Rigs Into Eco-Friendly Resorts?


Talk about high-end recycling!

Approximately 4,000 oil rigs in the Gulf of Mexico are set to be decommissioned within the next century. Currently, these rigs would be blown up at a cost of millions of dollars and lots of sea life. With about 20,000 square feet on each deck, how about turning these rigs into exclusive, self-sufficient eco-friendly resorts? That's the proposal of Morris Architects' Hotelier At Sea project.

What do you think, ocean-friendly entrepreneurs? Would you vacation on a converted oil rig? Invest?


Wednesday, July 15, 2009

Community-Supported Fisheries: Now, THAT'S What I'm Talking About!

Community-supported fisheries - an emerging trend analagous to community-supported agriculture - offers a new and potentially profitable way of doing business for commercial fishermen.

In Gloucester, Mass., for example, local fishermen are cutting out the middleman and selling their product directly to hundreds of customers every week. Cape Ann Fresh Catch, organized by The Gloucester Fishermen’s Wives Association, the Northwest Atlantic Marine Alliance, and MIT SeaGrant, delivers a variety of fish to about 750 shareholders living from Jamaica Plain to Gloucester. The CSF is the largest of seven in the northeast region. (Read full article)

And in Winsted, Conn., Litchfield Farms claims to be the first CSF to require that only sustainable harvesting techniques be used. (Read the brochure)

As in community-supported agriculture, where participants pay local farmers for a share of their harvest before the growing season begins, community-supported fisheries connect local fishermen with shareholders willing to pay them upfront for a weekly supply of fish delivered directly to their communities.

Local. Sustainable. Value providing. Now, THAT is what I'm talking about!

As the sampling of articles listed below indicates, CSF is a small but growing way for commercial fishermen to provide high-quality product to local customers at a reasonable price. Local also means a smaller carbon footprint because the fish are not being flown halfway around the planet from God knows what questionable fishery. I can't be sure, but I'm guessing that CSF fish are not shrink-wrapped in ocean-choking plastic, either.

A great deal for the health- and environment-conscious consumer who wants to know where his/her fish is coming from and an opportunity for the commercial fisherman who wants to preserve the source of his livelihood. The only caveat: Local does not necessarily equal sustainable. You'll want to know not only WHERE your fish are caught but HOW. Longlines and trawling are out because they contribute to bycatch and destruction of precious ocean-bottom habitat.

Anyone out there have any experience with CSF? C'mon...share!

Related articles:
Economy of Scales

How the Fishing Industry Is Trying to Stay Alive By Acting Like Small Farmers

Community Supported Fisheries (from Monterey Aquarium "Sea Notes")

Sunday, July 12, 2009

Do You Care About the Ocean? Then Show Me the Money!

I created The Sea Suite with one basic assumption: Business and healthy oceans are not necessarily at odds and, in fact, there are vast areas in which their interests intersect when viewed intelligently and creatively.

With recent attention emerging as to the Supervalu/Albertson's grocery chains selling shark products and Trader Joe's selling environmentally vulnerable fish and using less-than-environmentally friendly packaging, the most immediate response is on the consumer end: boycotts, letter-writing campaigns, demonstrations near their stores, awareness-building efforts on the internet, etc. These approaches are all necessary and laudable, but from my perspective there must be huge business opportunities being missed here.

When you see an issue gaining traction on Facebook, Twitter, and other social media outlets (as sustainability and ocean friendliness seem to me to be), it is time to start thinking: How do I make money from this? I know it sounds cold, but think analytically about this for a moment: People's purchasing practices, by definition, reflect their values. If people's values are beginning to shift toward ocean friendliness and if they are finding it difficult to live that value shift consistently (I know I am!), then, by definition, a business opportunity exists. It's easy to complain about the businesses that are not ocean friendly - it's a bit harder to recognize the challenge of being an ocean-friendly business and step up to it.

Too often, business is about creating desires for things that people don't need or didn't feel they needed until the things were marketed to them. Well, I want healthy, sustainably sourced seafood and don't feel confident about any of my local sources - BUSINESS OPPORTUNITY FOR SOMEONE! I want to reduce my consumption of plastics, which ultimately find their way to the ocean - BUSINESS OPPORTUNITY FOR SOMEONE!



I want my food to come from farms that don't pour tons of toxic pesticide, fertilizer, and animal waste into the groundwater, rivers, and oceans. This is a BUSINESS OPPORTUNITY FOR SOMEONE!

The big question is, are you going to be a business leader by promoting and profiting from this value shift? Or are you going to "see who goes first" and try to piggyback on the real innovators and leaders who are already trying to make a difference while making a buck?