27 May '11, 1pm

Environmental Economics: Bad news for efficiency of commercial fishing

From the SAFMC's South Atlantic Update : In March, the Council approved a motion to “terminate all work relative to catch share development in Amendment 21” (catch share development would continue for the golden crab fishery and wreckfish). The amendment, known as the Comprehensive Catch Share Amendment, addressed the possible use of catch share programs for snapper grouper species currently under management through quotas with the exception of snowy grouper. The amendment also included options for effort and participation reduction and endorsement actions. ... The South Atlantic Council has explored the use of catch shares over the past few years, using work groups and soliciting public input. During discussion of the motion, Council members noted that catch share programs are considered one of many management tools and that the removal of their consideration in Amendment...

Full article: http://www.env-econ.net/2011/05/bad-news-for-efficiency-o...

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