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Fig 1: In-fjord salmon production cost estimate (excluding licence costs) https://images.squarespace-cdn.com/content/v1/5d6efe96f7bf1c0001a798b0/1574302843227-2IX6VB9X2H4VNOP16F9Y/5.jpg Blog - Salmon farm permits: A Licence to kill Innovation? https://images.squarespace-cdn.com/content/v1/5d6efe96f7bf1c0001a798b0/1574302725353-XGQB7PO4N2EFNOJO316N/4.jpg Blog - Salmon farm permits: A Licence to kill Innovation? Fig 2 Salmon production cost estimates including licence costs (a) New In-Fjord Production including licence (b) Offshore projects proposed under Norway’s 2016 licence concession and (c) Impact-9 target economics for global offshore farming markets. (8% discount rate applied to cash flow including licence holdings) https://images.squarespace-cdn.com/content/v1/5d6efe96f7bf1c0001a798b0/1574302887672-MQEO6TKRDHYY6QDJ0WHG/6.jpg Blog - Salmon farm permits: A Licence to kill Innovation? 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