Given the crying need to add a third pillar to our economy – and not just prop up the existing two – there appears to be a staggering lack of urgency about exploring what the ocean could offer.
The recent Sustainable Development Department report [which I found to be bland] on the future of the Island’s EEZ made reference to the “issuance of a request for quote to determine the cost of an independent feasibility study to assess forecast and quantify the potential economic activity within Bermuda’s EEZ”. [Try saying that in one breath.]
But there was no urgency about it, no timeline, and no sense that this is an issue worth pursuing quickly because it could generate significant revenue – whatever the final use may be.
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