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2/20/13

Fishing Industry: Europe's Rift on Overfishing and Subsidies - by David Jolly

Two weeks ago, the European Parliament voted overwhelmingly to require that the 27-nation bloc’s fisheries be managed on a sustainable basis within a few years.

That vote, the first step toward overhauling Europe’s Common Fisheries Policy, was hailed by conservationists as a major victory. It was made possible by the Lisbon Treaty, an agreement that put the Parliament on an equal footing with the European Fisheries Council – a body made up of ministers from member nations – in setting policy.

This week the Parliament began to debate the second half of the so-called Common Fisheries Policy reform, addressing the thorny question of how to ensure that the subsidies that Europe pays out to the fishing industry don’t wind up encouraging the same practices that it wants to end.

Read more: Europe's Rift on Overfishing and Subsidies - NYTimes.com

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