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AAP
AAP
Environment
Jennifer Dudley-Nicholson

Warming seas threaten billion-dollar salmon industry

Ocean warming could put $23m at risk for one of Tasmania's major salmon firms, a report says. (Daniel Munoz/AAP PHOTOS)

Australia's billion-dollar salmon industry faces an "existential threat" from global warming, with a report warning its biggest producers are failing to fully disclose the financial cost of rising ocean temperatures.

Just 1C of ocean warming could put $23.7 million in revenue at risk for one of Tasmania's major salmon firms, it found, due to increasing fish deaths.

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