Why no cry? Because the government is picking up our paycheck! To further prove the economic futility of a deep-sea fishery.
Out of AAAS in San Francisco...
Rashid Sumaila and Daniel Pauly of the University of British Columbia in Canada recently studied the subsidies paid to bottom trawl fleets around the world. They found that the fleets receive over $152 million each year and that without these funds, the deep-sea fisheries industry would operate at a $50 million annual loss."From an ecological perspective we cannot afford to destroy the deep-sea," says Sumaila. "From an economic perspective, deep-sea fisheries cannot occur without government subsidies. The bottom line is that current deep fisheries are not sustainable." Pauly adds: "There is surely a better way for governments to spend money than by paying subsidies to a fleet that burns 1.1 billion litres of fuel annually to maintain paltry catches of old growth fish from highly vulnerable stocks, while destroying their habitat in the process."
So what countries subsidize?
- Japan
- South Korea
- Russia
- Spain
- Australia
- Ukraine
- Faroe Islands
- Estonia
- Iceland
- Lithuania
- Estonia
- Latvia
- France

Craig is temporarily a post-doctoral fellow at the Monterey Bay Aquarium Research Institute who is looking for a permanent position. He spends most of his time balancing his overwhelming geekdom with normalcy so he can function in the real world. Luckily his wife likes his geekiness.
Peter Etnoyer is a Graduate Research Associate at the Harte Research Institute for Gulf of Mexico Studies, Texas A&M University-Corpus Christi. He studies deep corals and ocean fronts, and he loves to be on the water.
Kevin Zelnio is a Graduate Student Researcher at Penn State studying the ecology of hydrothermal vent and methane seep communities. He raises awareness of the plight of the spineless through folk music.


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