“Early estimates suggest that the allotment of cod for commercial fishermen in 2012 could be 90 percent lower than the catch allowed in 2010. This is likely to result in a 25 percent decline in income for groundfishermen, with fishermen in New Hampshire and Maine hit even harder (91 percent and 54 percent, respectively). The ill-conceived catch share program has already created economic havoc by consolidating the industry. In 2010, 7.6 percent of the fleet accounted for 50 percent of all groundfish revenues. 165 crew jobs were lost in the first year of catch share implementation and 73 boats left the fishery.  

“Hardest hit will be fishermen in the small, 30-50 foot vessel size class. This category of vessels, the largest in the fishery, has already experienced a 17 percent decline in the number of vessels between 2007 and 2010. Severely reducing the available cod catch will drive even more of these smaller-scale fishermen out of the industry.

“NMFS and the Council face an impossible situation. Even though some objections have been raised to findings of the current stock assessment, they really have no choice but to drastically reduce the cod catch in an industry still reeling from the dramatic effects of catch shares. They are holding meetings and turning out studies to see how to minimize the damage, but it’s possible the cod assessment may be the knockout punch for small-scale fishermen in the Northeast.

Read the complete opinion piece from Food & Water Watch