This could cause substantial loss in revenue and jobs. The loss of coral reef habitats due to acidification may seriously affect many commercial fish species and could prove disastrous for coastal communities relying on subsistence fishing of reef species.
For more information about the latest research on the affects of acidification of the ocean, see:
Allison, E. H., Perry, A. L., Badjeck, M.-C., Adger, W. N., Brown, K., Conway, D., Halls, A. S., Pilling, G. M., Reynolds, J. D., Andrew, N. L. and Dulvy, N. K. (2009). Vulnerability of national economies View research (registration required)
Caldeira, K., and Wickett, M. E. (2003). Anthropogenic carbon and ocean pH. Nature, 425, 365. View research (registration required)
Cooley, S. R. and Doney, S. C. (2009). Anticipating ocean acidification’s economic consequences for commercial fisheries. Environmental Research Letters, 4, 1-8. View research (registration required)
Doney. S.C., Fabry, V. J., Feely, R. A. & Kleypas, J. A., Ocean Acidification: The Other CO2 Problem. Annu. Rev. Mar. Sci. 2009. 1:169-92. DOI 10.1146/annurev.marine.010908.163834. View research (registration required)
Doving, K.B. (2009). Ocean acidification impairs olfactory discrimination and homing ability of a marine fish. Proceedings of the National Academy of Science, 106 (6), 1848-1852.
Orr, JC, Fabry, VJ, Aumont, O, Bopp, L, Doney, SC, Feely RA, Gnanadesikan, A, Gruber, N, Ishida, A, Joos, F, Key, RF, Lindsay, K, Maier-Reimer, E, Matear, R, Monfray, P, Mouchet, A, Najjar, RG, Plattner, G-K, Rodgers, KB, Sabine, CL, Sarmiento, JL, Schlitzer, R,
Slater, RD, Totterdell, IJ, Weirig, M-F, Yamanaka, Y, Yool, A. 2007. Anthropogenic ocean acidification over the twenty-first century and its impact on calcifying organisms. Nature Vol 437. doi:10.1038/nature04095
Turley, C, Findlay, HS, Mangi, S, Ridgewell, A and Schimdt, DN. (2009) CO2 and ocean acidification. Marine Climate Change Ecosystem Linkages Report Card 2009. (EDS. Baxter JM, Buckley PJ and Frost MT), Online science reviews, 25pp. www.mccip.org.uk/elr/acidification