Bluefin Tuna Get Busy Off North Carolina – Inside the $40 billion tuna industry
In November 1981, a fleet of briefcase-toting lobbyists, scientists and political negotiators gathered in sunny Tenerife, Spain, to decide the fate of Atlantic bluefin tuna. During the meeting in Tenerife, the American delegation to the International Commission for the Conservation of Atlantic Tunas proposed a disarmingly simple solution: they would draw a line down the middle of the Atlantic Ocean and split the bluefin into two separate stocks. The proposal passed and, eventually, for a variety of reasons, Atlantic bluefin tuna did bounce back. – Inside the $40 billion tuna industry – Once a staple in American homes, canned tuna consumption dropped 45.7% between 2000 and 2021. That is mainly due to changing consumer preferences, sustainability concerns, market consolidation and a major price-fixing scandal between Bumble Bee and StarKist that lasted nearly a decade. Despite this, in 2020, the U.S. remained the top importer. The industry, largely controlled by conglomerates such as Thai Union Group, saw a pandemic-driven demand spike in 2020, but that has since declined. Video, >>click to read<< 16:20
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