Sunday, October 17, 2010

Federal Fishing Regulations


The fishermen of Martha’s Vineyard made certain that President Obama’s vacation was anything but relaxing.  When he arrived, he was greeted with air horns and protest signs protesting federal regulations on fishing.  The US government feels that many parts of New England are being over fished.  The biggest problem with professional fishing is that fishermen try to catch as many fish as possible to make the most amount of money, regardless of the effects on the ecosystem.  In the hopes to end overfishing the NOAA instituted a “catch share” program with the goal of creating a market-based incentive system that promotes sustainable fishing.  This is a good example of a regulation policy tool.

 -Robbie Nichols

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