We all pay to overfish the oceans
Many of the world’s fish stocks are currently over-exploited and some, such as Canada’s Atlantic cod, have collapsed completely without much hope for renewal. There are many reasons why these stocks are in decline, however, there is one major factor that we have direct control over, yet fail to take action — government subsidies.
The harmful effects of subsidizing fishing fleets is most apparent in deep sea fisheries, such as for the orange roughy pictured above. Deep sea fishing is costly and, therefore, the profit margins are often quite narrow. In fact, if it weren’t for…
Entries (RSS)