Fisheries Subsidies in the United States
Government support, or subsidies, to the fishing industry can promote overfishing by increasing fishing effort artificially and making fishing more profitable than it would be without subsidies. Yet, the specific details of how much some countries, including the United States, are subsidizing their fishing industries are still not known. This project quantifies the amount of government subsidies given to the U.S. fishing industry on a regional level and evaluates their contribution to overfishing, habitat disruption and conservation.
Lenfest Research Series Report
Publications and Reports:Published Papers
Sharp, R. and U.R. Sumaila. 2009. Quantification of U.S. Marine Fisheries Subsidies. North American Journal of Fisheries Management 29(1): 18-32.
North American Journal of Fisheries Management paper
A new study published in the North American Journal of Fisheries Management reveals that the U.S. government gives more financial support to the fishing industry than previously estimated. The study, conducted by Renée Sharp and Dr. Rashid Sumaila, and supported by the Lenfest Ocean Program, is the most detailed assessment to date of state and federal fishing subsidy programs in the United... Read More
The United Nations Food and Agriculture Agency (FAO) estimates that about 25 percent of the world’s marine fish stocks are overexploited or depleted. One key reason is that there are too many fishing vessels trying to catch too few fish. Government support, or subsidies, to the fishing industry can promote overfishing by increasing fishing effort artificially and making fishing... Read More