Tagged economics

No Economic Impact from Atlantic Monument Designation

Now that the Northeast Canyons and Seamounts Marine National Monument has been in place for nearly two years, we can show that the designation has had no economic impact on the commercial fishing industry. … More Info »

Fishing Groups Exaggerate Economic Impacts of a New England Marine National Monument

The New England Coral Canyons and Seamounts Area holds remarkable ecologic value—ancient deep sea coral gardens, abundant and diverse marine mammal populations, as well as sea turtles and sea birds, and an array of rare and unusual marine species. The area is also distinguished by how little fishing actually occurs there. It is truly one of the least fished areas on the U.S. Atlantic Seaboard. That’s why I have to call out erroneous claims that creating a marine national monument in New England’s Coral Canyons and Seamounts would have “devastating economic impacts” on any fishery or port in New England. The facts simply contradict those claims. … More Info »

Fish Talk in the News – Friday, June 3

In this edition of Fish Talk in the News, NOAA Fisheries releases its annual economics report; groundfishermen start to use electronic monitoring; the chairman of the House Committee on Natural Resources visits New Bedford; police find hundreds of illegal sea bass; NOAA recovers scallop survey camera; Sara Rademaker grows elvers into eels; and Maine’s elver harvest tops $13 million as the season winds down. … More Info »

NOAA Reports Aren’t All Doom and Gloom

On Tuesday, NOAA released two annual reports on the status of our nation’s fisheries—Fisheries Economics of the U.S. 2012 and Status of Stocks 2013. These reports, for the most part, tell a pretty positive picture of United States fisheries and federal management under the Magnuson-Stevens Act. So why have the Gloucester Daily Times and the New Bedford Standard-Times said these reports “show [a] grim picture” with “good news…hard to come by?” … More Info »

The Magnuson-Stevens Act is Working in New England

This morning, stakeholders met with Senator Begich of Alaska, Massachusetts Senators Warren and Markey, and other members of the New England congressional delegation for a listening session on fisheries. Panel members included a number of industry representatives, fishermen, scientists, and local stakeholders. The panel discussed topics ranging from the ten-year rebuilding requirements in the Magnuson-Stevens Act to the economic condition of the fleet to the development of electronic monitoring technologies. Conservation Law Foundation’s Peter Shelley delivered this testimony. … More Info »

NOAA’s 2011 Groundfish Report by the Numbers

On December 26th, NOAA released its “2011 Final Report on the Performance of the Northeast Multispecies (Groundfish) Fishery (May 2011-April 2012).” Overall, the report indicates that groundfish catch and net revenues are increasing steadily, although some stocks, most notably Georges Bank haddock, are fished at a level far below the annual catch limit. Consolidation and equity issues are still a major concern. Measures of fleet inequality generally improved from 2010 levels, and the decline in boat numbers has slowed noticeably following a sharp drop-off between 2009 and 2010. Here are some highlights of the data. … More Info »

Fish Talk in the News – Friday, December 28

In this week’s Fish Talk in the News, a NEFSC report on the economic state of the fishery in 2011 is met with skepticism; a fight emerges in the Senate over $150 million in disaster aid for fisheries; catch share fisheries abide by catch limits more often than others; fishery stakeholders react to NEFMC’s move to delay a decision on 2013 catch limits. … More Info »

Fish Talk in the News – Friday, April 13

This week’s roundup of interesting fish stories: Legal Sea Foods to make supermarket seafood traceability easier with a new label; climate change could drastically reduce the economic value of the services oceans provide; the reasons behind and economic consequences of eating or not eating fish on Fridays; and taking a lesson from ancient Hawaiian fish stock protection. … More Info »

Overfishing 101: Why Ending Overfishing Pays Off in the Long Run

Lee Crockett leads the Pew Environment Group’s efforts in Washington, D.C. to establish policies to end overfishing and promote sustainable fisheries management. This post, previously published on the Huffington Post and the National Geographic blog, is the fifth in a … More Info »