Tag Archives: Christopher Costello

Use Property Rights to Save Fisheries Around the Globe, Says New Study – Who needs Science?!

bean_counterIf nothing is done to reform open-access fisheries around the world, fishing stocks could drop by as much as 77 percent below current levels by 2050, reports a new study in the Proceedings of the National Academy of Sciences. If, however, property rights were assigned to individual fishers or communities, the yield trajectory of most of the world’s fisheries would shift sharply upward and most would recover biologically in only 10 years. These conclusions were reached by a team of researchers led by University of California, Santa Barbara environmental scientist Christopher Costello in their study, “Global fishing prospects under contrasting management regimes.” The Bean Counters. Read the article, Click here 08:18

A more efficient and effective future?

The paper discusses new opportunities for improving the economic prosperity and long-term sustainability of the US fishing industry. It challenges the industry to make changes to the Magnuson-Stevens Fishery Conservation and Management Act, thus requiring that fisheries should meet certain criteria and to undertake a comparison of the economic, social and ecological trade-offs between status quo management and alternative management and alternative management structures, including catch shares. Read the rest here  10:21

Tomorrow’s Catch: A Proposal to Strengthen the Economic Sustainability of U.S. Fisheries – Costello

This proposal calls for an amendment to the Magnuson-Stevens Fishery Conservation and Management Act, the federal law currently guiding the management of U.S. fisheries, that would, for certain fisheries, require transparent comparison of the economic, social, and ecological trade-offs between status quo management and these alternatives. Read the rest here   Full paper here  14:49

The US Fishing Industry Contributes Nearly $90 Billion To The Economy

The Hamilton Project notes that “current policies do not capitalize on the full economic potential of U.S. fisheries, ( World Bank and EDF/Pew Nature Con have figured out how to skim the cream) nor do they guarantee their ecological sustainability.” (Because we know  privatization saves not one fish!) Read more from the Vultures at the Hamilton Project, Making money the old fashioned way. Screwing people out of it! Read it here 19:54