Well, D\’oh!

The biggest current threat to marine life is not climate change but over fishing and mankind\’s demand for water, experts have warned.

Of course overfishing is a problem. Because everyone (including those running the CFP) fails to understand the basics of the underlying logic. It\’s a Commons Problem. Thus access must be limited and we have to stop people being able to lift fish on a first come first served basis.

No, quotas do not stop that.

One interesting point to note. There are a couple of fisheries which are privately owned. Studying them leads to the conclusion that the most profitable level of fish is one that is well above a sustainable population. Thus the incentive of those who own fisheries is sufficient on and of itself to maintain them.

 

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