Study links overfishing of bluefin to EU subsidies
While Japan has been getting almost all the blame for decimating the Earth’s bluefin tuna stocks, the European Union has been quietly facilitating – and even funding – the overfishing of exhausted fish populations such as bluefin and cod.
So says research by Poseidon Aquatic Resource Management consultancy and Pew Environment Group, who analyzed data from the EU’s ‘Financial Instrument for Fisheries Guidance’ (FIFG).
The groups found that only 17% of subsidies went towards reducing overfishing and environmental protection, while 29% went to what the study terms ‘negative measures’, such as building more powerful fishing vessels.
EU countries Spain, Portugal and France were deemed the most guilty of negative use of EU funds.
Read more about this story in the Ecologist: