Quick Answer: How Much Does Bristol Bay Bring In Fishing Tourism?

How much money does sport fishing bring to Bristol Bay each year?

The Bristol Bay salmon industry directly employs approximately 14,800 people, most of whom work in the industry on a seasonal basis. Including multiplier effects, the fishery creates an estimated $1.2 billion in economic output and $658 million in labor income per year, resulting in 12,537 average jobs.

Is Bristol Bay Sustainable?

The Bristol Bay watershed supports several economic sectors that are wilderness-compatible and sustainable: commercial, sport and subsistence fishing.

What is included in the Bristol Bay watershed?

The land area draining to Bristol Bay consists of six major watersheds: From west to east, the Togiak, Nushagak, Kvichak, Naknek, Egegik, and Ugashik River watersheds, and a series of smaller watersheds draining from the North Alaska Peninsula.

How many jobs would Pebble Mine create?

A mine developed at the world-class Pebble project is expected to support as many as 1,000 full-time, direct jobs during mine operations, with average annual wages and benefits topping $100,000.

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How much salmon does Bristol Bay produce?

Salmon is the most valuable commercial fish managed by the state of Alaska and Bristol Bay is Alaska’s richest commercial fishery. In Bristol Bay alone, the 2018 harvest of all salmon species was approximately 43 million fish, and the value of the 2018 commercial catch topped $283 million.

How much is the Bristol Bay fishery worth?

She and a team of others calculated that Bristol Bay’s commercial fishery was valued at $2 billion and supported 15,000 jobs in 2019 — according to the latest data available.

What is Bristol Bay known for?

Most well known for its exceptional runs of Pacific salmon, Bristol Bay supports the largest run of sockeye salmon (aka red salmon) in the world, along with prolific runs of King Salmon (aka chinook), chum salmon (aka dog salmon), pink salmon (aka humpy), and silver salmon (aka coho).

What is going on with Bristol Bay?

Despite record retail prices and a consistently strong demand, Bristol Bay salmon fishermen saw a nearly 50 percent drop in their base ex-vessel price in 2020 — from $1.35 a pound in 2019 to $0.70 in 2020. That’s a 65-cent drop in a single year. “Demand for Bristol Bay sockeye is very high.

How much money will Pebble Mine make?

The Pebble Partnership estimates the 20-year mine will make just $1 billion in profit.

What are the resources of Bristol Bay?

Bristol Bay, Alaska, supports a wide diversity of globally significant natural resources —from the world’s most valuable wild salmon fishery to one of the world’s largest untapped copper deposits (Pebble Mine).

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What is important and unique about the sockeye salmon run in Bristol Bay Alaska?

Bristol Bay is the most productive salmon ecosystem in North America, and it is unmatched in its productivity. The watershed supports the largest sockeye salmon run in the world, producing about 46% of the world’s wild sockeye harvest.

How large is Bristol Bay?

Bristol Bay is 400 km (250 mi) long and 290 km, (180 mi) wide at its mouth. A number of rivers flow into the bay, including the Cinder, Egegik, Igushik, Kvichak, Meshik, Nushagak, Naknek, Togiak, and Ugashik.

What are the benefits of Pebble Mine?

Building a mine at the Pebble Deposit means building the region’s infrastructure: port facilities and transportation routes. Locals benefit from these as well, both directly and indirectly—with greater access to the region, the price of goods comes down.

Will Pebble mine be built?

In a final decision that surprised many, the US Army Corps of Engineers (USACE) has denied a key federal permit to the Pebble Limited Partnership (PLP), bringing to an end the company’s 13-year-long bid to build the controversial Pebble Mine in southwest Alaska.

Who supports Pebble Mine?

The Pebble Limited Partnership is now 100% owned by The Northern Dynasty Partnership, which is a wholly owned Canadian-based subsidiary of Northern Dynasty Minerals, Limited.

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