Ocean Resource Privatization
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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet
NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?
While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here
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Very entertaining article, but it misses a most important
cause of such alleged illegal activity: namely the privatization and onsolidation scam of Individual Transferable Quota management programs or “catch shares”.
The imposition of this management scheme in 2010 on the Northeast Groundfishery resulted after millions were spent by the Environmental Defense Fund and by NOAA to fulfill this commodification of the fishery. It has eliminated over half of the family-owned and family funded fishing operations. Such fishing operations consisting of one or two vessels per family, had more
than adequate level of “accountability” of catches and landings. Such small operations are cross-checked at least 5 different ways, by 3 different government agencies.
Also, it’s hard to get independent fishermen to agree on anything no less get them to all risk their future by smuggling a few hundred dollars worth of fish, which would be about the illegitimate gain on their small scale landings. Large “vertically integrated” corporate style companies, on the other hand, rely on the integrity of one or a few individuals to do the right thing. They operate in volumes that can invite and then easily obfuscate some sleight of hand dealings
NOAA’s and various eco-NGO’s campaigns of pushing catch shares has resulted in opening the door wide to create these corporate style fish companies. Any market-cap corporation or any well-funded ambitious individual or group of investors is invited to own more quota then they are able or willing to manage responsibly and legitimately—and as Wall Street has taught us: the bigger, the less accountable or “Too Big to Monitor”?
Also, this New Bedford matter is not “an extreme case” it’s happening worldwide, and will continue to happen with large conglomerate fish quota “holding companies” such as Pacific Andes’ China Fishery—a huge company of factory trawler/freezer ships notorious for illegitimate fishing and is currently in Chap. 11 dodging investors. Corporate free-for-alls and political skullduggery can often be found where fish have been commoditized and put in the hands of a “Too Big to Monitor” business entity which is concerned solely with bottom line quarterly profits.
Carlos owned many boats and licenses long before the imposition of catch shares, but this type of alleged mismanagement is accelerated, if not encouraged, by a consolidation encouraging catch shares regime.
To analyze causes, look to the catch shares “business plan” as a major culprit, creating an environment that fosters consolidation and monopolization and all the administrative chicanery that accompanies those mega-corporate style ambitions.
Very entertaining article, but it misses a most important
cause of such alleged illegal activity: namely the privatization and consolidationscam of Individual Transferable Quota management programs or “catch shares”.
The imposition of this management scheme in 2010 on the Northeast Groundfishery resulted after millions were spent by the Environmental Defense Fund and by NOAA to fulfill this commodification of the fishery. It has eliminated over half of the family-owned and family funded fishing operations.
Such family fishing operations consisting of one or two vessels per family, have more than adequate levels of “accountability” of their catches and landings. And small operations are cross-checked at least 5 different ways, by 3 different government agencies.
Also, it’s hard to get independent fishermen to agree on anything no less get them to all risk their future by smuggling a few hundred dollars worth of fish, which would be about the illegitimate gain on their small scale landings.
Large “vertically integrated” corporate style companies, on the other hand, rely on the integrity of one or a few individuals to do the right thing. They operate in volumes that can invite and then easily obfuscate some sleight of hand dealings
NOAA’s and various eco-NGO’s campaigns of pushing catch shares has resulted in opening the door wide to create these corporate style fish companies. Under this management regime any market-cap corporation or any well-funded ambitious individual, or group of investors, is invited to own more quota then they might be able or willing to manage responsibly and legitimately—and as Wall Street has taught us: the bigger, the less accountable or “Too Big to Monitor”?
Also, this New Bedford matter is not “an extreme case” it’s happening worldwide, and will continue to happen with large conglomerate fish quota “holding companies” such as Pacific Andes’ China Fishery—a huge company of factory trawler/freezer ships notorious for illegitimate fishing and is currently in Chap. 11 dodging investors.
Corporate free-for-alls and political skullduggery can often be found where fish have been commoditized and put in the hands of a “Too Big to Monitor” business entity which is concerned solely with bottom line quarterly profits.
Carlos owned many boats and licenses long before the imposition of catch shares, but this type of alleged mismanagement is accelerated, if not encouraged, by a consolidation encouraging catch shares regime.
To analyze causes, look to the catch shares “business plan” as a major culprit, creating an environment that fosters consolidation and monopolization and all the administrative chicanery that accompanies those mega-corporate style ambitions.