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EDF / Redstone Group Studies Effects of Catch Shares |
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In a study of all major United States federal catch share fisheries and associated shared stock fisheries in British Columbia, catch shares result in environmental improvements, economic improvements, and a mixture of changes in social performance, relative to the race for fish under traditional management. Environmentally, compliance with total allowable catch increases and discards decrease.
Economically, vessel yields rise, total revenues grow, and longterm stock increases are encouraged. Socially, safety increases, some port areas modestly consolidate, needed processing capacity often reduces, and labor markets shift from part time jobs to full time jobs with similar total employment. Newer catch shares address many social concerns through careful design. Read the complete report on catch shares from the EDF.
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Monterey Bay's historic "wetfish" industry is under attack by extremist groups who claim overfishing is occurring. Touting studies with faulty calculations, activists are lobbying federal regulators to massively limit fishing, if not ban these fisheries outright. Apparently the facts don’t matter to groups with an anti-fishing agenda
