Supporting responsible ocean management: Are ‘catch shares’ the right plan?
Sadly, catch shares inherently divide fishermen into haves and have-nots. Initial quota allocations often go to people and companies that were already fishing, endowing them with a huge benefit for getting in the game early. As red snapper limits were set and reduced in the Gulf, small-scale fishermen often bore the brunt of the cost of managing the catch. Since the advent of the program, the number of entities-companies and private fishermen-in the industry is down 39 percent. Read the rest here
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