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☆ Why Louisiana's $1.3 billion shrimp industry could go extinct
▼ + stars: | 2024-09-16 | by ( Robin Lindsay | Dorian Barranco | ) www.businessinsider.com time to read: 1 min

Louisiana catches about 70 million tons of shrimp, but it's not enough to meet America's surging demand. Cheap imports make up 90% of what the US consumes, and most of it is farmed in countries like India using controversial tactics. Dock prices in Louisiana have fallen to compete. Up and down the supply chain, companies worry this may be the last generation of Louisiana shrimpers. This story is available exclusively to Business Insider subscribers.

Persons: It's Organizations: Business Locations: India, Louisiana

Palacios, Texas, is a small town with a rich history of Vietnamese American shrimpers on the Gulf Coast. The famed Texas brown shrimp went in one bucket. The Texas white shrimp in another. Mr. Nguyen, 63, is one of thousands of Vietnamese refugees who settled along the Gulf Coast after the Vietnam War. Along the way, they overcame the trauma of war and displacement, language barriers and deep-seated prejudice from local residents.

Persons: Vinh Nguyen, Nguyen Locations: Palacios , Texas, Gulf, Matagorda Bay, Texas, Vietnam

Dan Ellison started shrimping when he was 12, bringing a change of clothes on the boat so he could make it to school after early-morning outings. He would sketch shrimp boats in class, before quitting school in eighth grade to pursue his passion. “I couldn’t do what a doctor or lawyer does,” Mr. Ellison, 61, said. You’ve got to know so much to survive.”He joined his father shrimping and fishing in tiny Horseshoe Beach, Fla., a business that took a significant hit when the state banned net fishing in the 1990s. “It’s just a dying breed,” Mr. Ellison said of shrimpers in the Big Bend region, where the Florida peninsula meets the Panhandle.

Persons: Dan Ellison, shrimping, Mr, Ellison, You’ve, “ It’s, shrimpers, Hurricane Idalia Organizations: Hurricane Locations: Fla, Bend, Florida

☆ World Bank to help fund 1,000 mini solar power grids in Nigeria
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +1 min

[1/2] A technician works on solar power panels at the Atlantic Shrimpers farm in Badagry, Lagos, Nigeria July 5, 2022. REUTERS/Temilade Adelaja/File PhotoABUJA, Aug 5 (Reuters) - The World Bank is aiming to help fund construction of 1,000 mini solar power grids in Africa's biggest economy Nigeria in partnership with the government and private sector, the lender's president Ajay Banga said on Saturday. Mini grids, made up of small-scale electricity generating units, typically range in a size from a few kilowatts to up to 10 MW, enough to power some 200 households. "Now the idea is not for the World Bank to be the only person putting the money. World Bank data shows that in sub-Saharan Africa, 568 million people still lack access to electricity.

Persons: Temilade, Ajay Banga, Banga, Abraham Achirga, MacDonald Dzirutwe, Jan Harvey Organizations: REUTERS, Bank, World Bank, Thomson Locations: Badagry, Lagos, Nigeria, ABUJA, Abuja, Banga, Saharan Africa, Africa

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