In Depth: Alaska’s Fisheries Are Collapsing. This Congresswoman Is Taking on the Industry She Says Is to Blame.

The late 1990s and early 2000s were boomtimes for halibut fishermen in Alaska. Over 80 million pounds of the flatfish were being harvested annually. Deckhands could earn $250,000 a season. The small boat harbor in the southcentral city of Homer, known as the “halibut capital of the world,” was bustling. Erik Velsko, 39, was one of those fishermen. He started buying annual shares in 2001 when the halibut population was at near historic highs. But within a few years, the stock plummeted by more than half and the quotas for commercial fishermen were slashed accordingly. Halibut wasn’t the only so-called directed fishery to experience such a catastrophic drop. The crab fleet — made famous in the reality show “Deadliest Catch” — has been mostly stuck in port for two years after the near total collapse of the snow crab population and the decades long decline of red king crab. Photos, >click to read< 11:42

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