Louisiana HB1033: Legislation Would Have Major Costs, New Report Details Fishery’s Economic Value
Despite attempts at further regulation, the Gulf menhaden fishery is already being sustainably managed. The most recent stock assessment found that the species is not overfished nor is overfishing occurring. Since 2019, the Gulf menhaden fishery has been certified sustainable by the Marine Stewardship Council. “This report demonstrates that these proposals would likely cause real economic harm to not just the menhaden fishery, but to the coastal communities that rely on it,” said Ben Landry, Director of Public Affairs at Ocean Harvesters, which operates a fleet of menhaden fishing vessels. “Severely restricting our fishermen in state waters is both damaging and unnecessary.” The report looked at the direct, indirect, and induced impacts of the fishery, which is one of the largest in the region. >click to read< 13:56
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