Tag Archives: a privatization scheme.

Plan to privatize snapper-grouper fishery ownership off southeastern states blasted by fishing advocacy group

csf logoTom Swatzel says the SAFMC has purposely not used the controversial phrase “catch shares” in the plan, but instead has used less understood terminology for catch shares such as “sector share management system,” “individual quota management system,” “individual quota programs,” “sector share programs/cooperatives,” “individual quotas,” and “allocations by permit.” “It’s very troubling the SAFMC would resort to using code-speak for catch shares instead of being up front with fishermen about the fact that catch share programs are indeed in the plan,” Swatzel said. Read the rest here 11:07

Catch Shares: Investment Firms are taking over the Fishing Rights

10172769-largedinkWhat does it take to buy a share of the American ocean? Policymakers assured the nation that fishing rights would never migrate out of U.S. control through catch shares or end up as properties of investment firms. Environmental groups have similarly touted catch shares as a tool for communities and fishermen and overlooked the role investors can and do play. As the Snow’s deal now makes clear, those pacifications are baloney. Read the rest here 22:29