Number: RL32694 Title: Open Ocean Aquaculture Authors: Harold F. Upton and Eugene H. Buck, Resources, Science, and Industry Division Abstract: This report discusses four general areas: (1) operational and business-related challenges; (2) potential environmental impacts; (3) potential economic impacts; and (4) the legal and regulatory environment. It then summarizes recent executive and legislative actions. Significant questions remain about whether an appropriate mechanism exists for any federal agency to provide an open ocean aquaculture lease with the necessary property rights to begin construction and operation. Policy makers and regulators will be challenged to weigh the needs of a developing industry against potential environmental and social impacts. Pages: 25 Date: Updated June 12, 2008