School of hard knocksIn this month's Atlantic, Gregg Easterbrook writes that privatizing the seas through use of individualized transferrable quotas (ITQs) is the solution to the grave problem of overfishing. Recently, NOAA Administrator Jane Lubchenco came out strongly (PDF) in favor of ITQs (which the agency is calling "catch shares"), and has committed her agency to "transitioning to catch shares" as a solution to overfishing. Would that the solution to overfishing were so easy! Today, fisheries managers set a "total allowable catch" (TAC) for open-access fisheries. A fishery is open until that TAC is reached. Not surprisingly, there is often …
Get Grist in Your Inbox
Rebecca M. Bratspies is Professor of Law at the CUNY School of Law, New York, and a Member Scholar of the Center for Progressive Reform.
Millions alive today would have to die before the paleo diet could take over
Washington state just lopped up to $2,500 off the cost of solar panels. Here’s how.
Goodbye, everyone! A massive hole has opened at the End of the World
Lay off the almond milk, you ignorant hipsters
Nestlé doesn’t want you to know how much water it’s bottling from the California desert