

SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
To donate by check, phone, or other method, see our More Ways to Give page.


Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
"Yesterday, the National Oceanic and Atmospheric Administration approved an unfair and potentially destructive plan for managing the tilefish fishery of the mid-Atlantic region, known as 'Individual Fishing Quotas' or 'catch shares.' Tilefish is a common finfish of the region, and the fishery is predicted to be a $10 million industry when rebuilt. Under this plan, only fishermen who are awarded "shares" by the management council--in this case, the Mid-Atlantic Fishery Management Council--are allowed to fish, while large numbers of fishermen are pushed out of their jobs. The plan determines how much quota share a fisherman receives based on the quantities he has caught in the past, thus inherently favoring bigger players and squeezing out many smaller-scale and historic fishermen. This plan also essentially privatizes the resource, ensuring that all the profit gained from its use benefits only a few, despite that oceans and fish resources are to be held in public trust for the benefit of all.
"The plan also includes a 49 percent accumulation cap, meaning that one fisherman or fishing company may have exclusive access to as much as 49 percent of all the fish under this plan--and as few as three companies could control the entire fishery. This could amount to a near-monopoly. In 2007, then U.S. House Representative Jim Saxton (R-N.J. 3) raised concerns over this control issue with the U.S. Department of Justice's Antitrust Division.
"Further, while this plan is billed as necessary for conservation, it is entirely about economics. Catch share plans do not eliminate environmental problems such as overfishing, and may even exacerbate them. The plan places the resources in the hands of a small number of people--and in the process, eliminates large numbers of jobs. Food & Water Watch opposes this plan and the privatization of publicly held resources, and supports community-based fishery management solutions that work to balance economic, environmental and social concerns by keeping the public in control of public resources."
Dear Common Dreams reader, The U.S. is on a fast track to authoritarianism like nothing I've ever seen. Meanwhile, corporate news outlets are utterly capitulating to Trump, twisting their coverage to avoid drawing his ire while lining up to stuff cash in his pockets. That's why I believe that Common Dreams is doing the best and most consequential reporting that we've ever done. Our small but mighty team is a progressive reporting powerhouse, covering the news every day that the corporate media never will. Our mission has always been simple: To inform. To inspire. And to ignite change for the common good. Now here's the key piece that I want all our readers to understand: None of this would be possible without your financial support. That's not just some fundraising cliche. It's the absolute and literal truth. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. Will you donate now to help power the nonprofit, independent reporting of Common Dreams? Thank you for being a vital member of our community. Together, we can keep independent journalism alive when it’s needed most. - Craig Brown, Co-founder |
"Yesterday, the National Oceanic and Atmospheric Administration approved an unfair and potentially destructive plan for managing the tilefish fishery of the mid-Atlantic region, known as 'Individual Fishing Quotas' or 'catch shares.' Tilefish is a common finfish of the region, and the fishery is predicted to be a $10 million industry when rebuilt. Under this plan, only fishermen who are awarded "shares" by the management council--in this case, the Mid-Atlantic Fishery Management Council--are allowed to fish, while large numbers of fishermen are pushed out of their jobs. The plan determines how much quota share a fisherman receives based on the quantities he has caught in the past, thus inherently favoring bigger players and squeezing out many smaller-scale and historic fishermen. This plan also essentially privatizes the resource, ensuring that all the profit gained from its use benefits only a few, despite that oceans and fish resources are to be held in public trust for the benefit of all.
"The plan also includes a 49 percent accumulation cap, meaning that one fisherman or fishing company may have exclusive access to as much as 49 percent of all the fish under this plan--and as few as three companies could control the entire fishery. This could amount to a near-monopoly. In 2007, then U.S. House Representative Jim Saxton (R-N.J. 3) raised concerns over this control issue with the U.S. Department of Justice's Antitrust Division.
"Further, while this plan is billed as necessary for conservation, it is entirely about economics. Catch share plans do not eliminate environmental problems such as overfishing, and may even exacerbate them. The plan places the resources in the hands of a small number of people--and in the process, eliminates large numbers of jobs. Food & Water Watch opposes this plan and the privatization of publicly held resources, and supports community-based fishery management solutions that work to balance economic, environmental and social concerns by keeping the public in control of public resources."
"Yesterday, the National Oceanic and Atmospheric Administration approved an unfair and potentially destructive plan for managing the tilefish fishery of the mid-Atlantic region, known as 'Individual Fishing Quotas' or 'catch shares.' Tilefish is a common finfish of the region, and the fishery is predicted to be a $10 million industry when rebuilt. Under this plan, only fishermen who are awarded "shares" by the management council--in this case, the Mid-Atlantic Fishery Management Council--are allowed to fish, while large numbers of fishermen are pushed out of their jobs. The plan determines how much quota share a fisherman receives based on the quantities he has caught in the past, thus inherently favoring bigger players and squeezing out many smaller-scale and historic fishermen. This plan also essentially privatizes the resource, ensuring that all the profit gained from its use benefits only a few, despite that oceans and fish resources are to be held in public trust for the benefit of all.
"The plan also includes a 49 percent accumulation cap, meaning that one fisherman or fishing company may have exclusive access to as much as 49 percent of all the fish under this plan--and as few as three companies could control the entire fishery. This could amount to a near-monopoly. In 2007, then U.S. House Representative Jim Saxton (R-N.J. 3) raised concerns over this control issue with the U.S. Department of Justice's Antitrust Division.
"Further, while this plan is billed as necessary for conservation, it is entirely about economics. Catch share plans do not eliminate environmental problems such as overfishing, and may even exacerbate them. The plan places the resources in the hands of a small number of people--and in the process, eliminates large numbers of jobs. Food & Water Watch opposes this plan and the privatization of publicly held resources, and supports community-based fishery management solutions that work to balance economic, environmental and social concerns by keeping the public in control of public resources."