Food & Water Watch report shreds EDF argument for catch shares

Fish__Inc_cover.jpgThe Environmental Defense Fund has spent a lot of money pushing “catch shares” in the South Atlantic region on the false premise that catch shares are good for fishermen and the resource. A catch share-based fishery management plan takes a fishermen’s landings and converts them to “shares” that can be bought and sold like a commodity on Wall Street.

An extensive report from the Food & Water Watch shreds the EDF argument for catch shares by documenting that:

Catch shares cause economic devastation.
Catch shares fail to sustain the health of our fisheries.
Catch shares fail to achieve legal standards for fishery management.
Catch shares aren’t fair.

Click here for the report

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Council for Sustainable Fishing