Bristol Bay Seafood Dev Assoc. seeks further socio-economic study on buyback (Fish Radio)
SEAFOODNEWS.COM [Fish Radio with Laine Welch] December 19, 2014
This is Fish Radio. I’m Laine Welch – Fishermen like the idea of permit buybacks at Bristol Bay – but question how to pay for it. More after this –
Trimming the number of salmon fishermen at Bristol Bay has been discussed for decades.When limited entry began in the 1970s, the state Commercial Fisheries Entry Commission adopted an optimum number of 1,669 permits for the Bay’s drift gillnet fishery.
Ten years ago, a CFEC study concluded that an optimum range of 900 to 1,400 permits would provide a reasonable balance of economic, conservation and fishery management concerns.
Today there are 1,858 drift permits active at Bristol Bay. A buyback would retire 300 – 500 boats from the fishery.
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