Great Barrier Reef Gets $379 Million Boost After Coral Dies Off (bloomberg.com)

The Great Barrier Reef is being given a $379 million boost by Australia in the battle to save the world's largest living structure as it faces mounting challenges such as climate change, agricultural runoff and a coral-eating starfish. From a report: "Like reefs all over the world, the Great Barrier Reef is under pressure," Prime Minister Malcolm Turnbull said in a statement on Sunday, calling the funding the largest granted to the famous tourist icon. "A big challenge demands a big investment -- and this investment gives our reef the best chance." [...] The new funding comes after Deloitte Access Economics valued the reef last year at A$56 billion, based on an asset supporting tens of thousands of jobs and which contributes A$6.4 billion a year to the economy. Still, that was before a study released this month in Nature showed about 30 percent of the reef, which is bigger than Japan, died off in 2016 during an extended marine heatwave.

Comments

Acidification and warming waters

[The Evil Atheist]

Exactly how is giving money for direct efforts going to help in any way at all? You can't remove acid and cool down the water with money.