Don’t waste NOAA funds on catch share boondoggle, Tom Swatzel

NOAA has spent about $160 million over the last six years pushing its national catch share policy in an effort to privatize fisheries by giving commercial fishermen “shares” in fisheries based on catch history, which can be bought and sold like shares on Wall Street. Catch share programs tend to benefit large corporate fleets that can buy up shares and hurt small fishermen who cannot. Studies have shown that catch share programs hurt fishing communities by destroying jobs, and don’t provide any biological benefit to fisheries. Read the rest here 07:53

  • william skrobacz

    most of the funds were stolen from the commercial fishing industry that there destroying