Photo credit: Hamilton Project
The fishing industry contributes about $90 billion annually to the U.S. economy, which translates to over one and a half million jobs for American workers.
Sustainably managed fisheries have a higher economic value to fishing dependent communities, than those under unsustainable management. Understanding this fact is of paramount importance to ensuring a sustainable and thriving future for both fishermen and fish in the U.S. and globally.
Our work at EDF Oceans is focused on aligning the economic and environmental incentives for fishermen to ensure a sustainable fishing future and we believe that catch shares are an essential tool to achieving this goal.
I was honored to participate in a panel hosted by the Brookings Institute and the Hamilton Project that featured a thoughtful discussion on how to improve the economic prosperity and long-term sustainability of the U.S. fishing industry. To frame the discussion, the Hamilton Project released an economic overview of the U.S. fishing industry, and panelists reviewed and discussed a new paper by economist Christopher Costello of U.C. Santa Barbara which calls for a getting fishermen the socio-economic data they need before making game-changing decisions about management of their fisheries. Read More
The National Oceanic and Atmospheric Administration (NOAA) last week released two reports pointing to continued improvements in US fish stocks. Taken together, they send a clear message: that fisheries nationally are turning the corner as sustainable and more innovative management approaches take hold. Congress should take note.
The first report, the so-called Status of Stocks report to Congress revealed that seven stocks were removed from the overfishing list last year and four from the overfished list. Two more stocks were declared “rebuilt,” bringing the total number of rebuilt stocks to 34 since 2000. Twenty-eight species are still on the report’s overfishing list, reminding us that there is still work to be done. But after decades of mismanagement that depleted fisheries and hurt coastal communities, the positive momentum of recent years is unmistakable.
The second report released concurrently by the agency, Fisheries Economics of the US 2012, underscored the critical role that healthy fisheries play in our nation’s economy. According to the report, U.S. commercial and recreational saltwater fishing generated more than $199 billion in sales in 2012, a gain of 7% over the previous year. It also found that the economic impact of fishing jobs increased 3% from 2011 to 2012. Such year-on-year growth is to be welcomed. Read More
President George W. Bush signs the Magnuson-Stevens Fishery Conservation and Management Reauthorization Act of 2006, joined by a bi-partisan group of lawmakers.
Photo Credit: AP, from talkingfish.org
Fisheries management can be a contentious business. So it’s all the more striking that the business of legislating on federal fisheries has historically been a relatively cordial affair. The gains of the last two decades have been possible because of strong cooperation across the aisle. In 1996 the Sustainable Fisheries Act (SFA) prioritized conservation in federal fisheries management for the first time. Alaska’s Republican Congressman Don Young jokes that the Magnuson-Stevens Act could have been called the Young-Studds Act because of his close collaboration on the SFA with Gerry Studds, then a Democrat from Massachusetts. It passed both chambers by overwhelming margins and was signed into law by President Clinton. Ten years later, the Magnuson-Stevens Reauthorization Act strengthened conservation mandates in response to continued overfishing and the failure to rebuild overfished species. It was championed in the Senate by Republican Ted Stevens in close cooperation with his Democratic counterpart Daniel Inouye. It cleared the Senate by unanimous consent, and was signed into law by President George W. Bush.
With Congress once again considering reauthorization of the Magnuson-Stevens Fishery Conservation and Management Act (MSA), there’s a welcome bipartisan consensus that the law is working. Senior lawmakers on both sides of the aisle are talking about building on our recent successes and exploring minor tweaks to the law rather than pursuing any kind of far-reaching rewrite. Despite serious ongoing challenges in specific fisheries, the legal framework created by Congress is clearly succeeding. Science-based annual catch limits are ending overfishing; and statutory rebuilding timelines have driven the recovery of more than 30 previously depleted stocks. This is great news for the health of the ocean. It’s even better news for seafood lovers, saltwater anglers, and coastal small businesses—the most important long-term beneficiaries of fishery management success. Read More