Tag Archives: groundfish quota

Con group buys $1m worth of groundfish quota

The wolf-in-sheeps-clothing-scaled500-e1371562470325 (MBFT) bought $1m worth of groundfish quota — 4.2m annual quota pounds — from the nonprofit Nature Conservancy which it plans to use to benefit the area’s fishermen, MBFT said in a release. As part of the agreement, MBFT, which was formed to protect central California fisheries in the Monterey, Moss Landing, and Santa Cruz harbors, plans to retain ownership of the quota. It will lease the fishing rights to fishermen “while working to improve the economic and environmental performance of the fishery,” the group said in the release. Read the rest here 17:08