07 Jun '18, 1am

High Seas Fishing As Economically Unsustainable As It Is Ecologically

Five countries are responsible for the majority of fishing in the high seas—international waters that are not under one country’s jurisdiction . All five depend on enormous subsidies to keep high seas fishing economically sustainable, concludes a study released today in the journal Science Advances . Overfishing in the high seas is already ecologically unsustainable, says Enric Sala, executive director of the Pristine Seas project and the lead author of the study. But most fishing companies from China, Taiwan, Japan, Korea, and Spain would not turn a profit at all if their governments didn’t financially back the operations by providing tax breaks and paying for fuel, boat repair, insurance, and equipment, and by subsidizing infrastructure like facilities for processing and distribution. The study monitored fishing vessels in the high seas for two years and calculated loads...

Full article: https://www.sierraclub.org/sierra/high-seas-fishing-econo...

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