Maine has been experiencing a lobster boom. After catching an average of 20 million pounds of lobster per year for decades, Maine’s 5,500 lobster-men landed a record 125 million pounds of lobsters last year. Will this boom, however, end in a bust? Some experts think so. The question is important because the other ground fisheries in the Gulf of Maine; cod, haddock, pollock and hake; have been effectively fished out. Lobster accounts for 80% of the total value of the Maine fisheries. If lobster yields drop dramatically, the economic impact on the coast could be dire.
Why could the boom end in a bust? Climate change – specifically warmer waters. The lobster fishery in Long Island Sound collapsed in 1999 after a shell disease wiped out lobster stocks in Connecticut and Rhode Island. The disease coincided with a rise in water temperature. The region’s lobster fisheries have never recovered.