>> For half a century, Perley Frazier has fished the waters off the coast of Maine. The lobster business here has been booming, but Frazier's noticed a shift that he worries could be a literal sea change.>> They're moving fast and they're going to Canada. Them guys are getting some hellacious hauls up there.
>> What Frazier sees happening in Canada has him and others worried. The warming water is pushing lobster away from Maine, and once they're gone, they'll never come back.>> There's no lobster, there's nothing else left here really.>> Reuters' correspondent Mo Tamman recently visited the small fishing town of Stonington, Maine.
>> And here in Stonington, they have experienced a real economic boom in the last 10 to 15 years. The harvest of lobster has just exploded. People are making money hand over fist, but by the same token, it's quite clear that the lobster itself is slowly moving, or not so slowly moving, toward Canada.
>> It's probably the best example of global warming that there is in the fishing industry.>> Local scientist, Ted Ames, co-founded a research center to help sustain Maine's fisheries and he says, lobster are on the move looking for cooler water in the north and east.>> This loom of lobsters, if you wanna call it that, didn't start here, it started in Long Island Sound, the Connecticut shore and then it shifted up to Mass bays, and then shifted again and then we had the bloom.
>> With Maine the only major player in the market, fishermen here like Drew Eden saw fit to make huge investments in their boats.>> I've been asked more questions about this boat than anything I've ever done. Fair market value is $850,000 and replacement was 900 and some>> The 27 year old says hes not worried about the future of the lobster business.
A stark contrast to this fishing veteran. He says if the lobsters leave for good they economy here will crash, bringing near million dollar investments down with it