Source: BBC News
A think tank has made a controversial case for freezing fishing in Europe, saying most fish stocks would return to sustainable levels within five years. The London-based New Economics Foundation (Nef) argues in its report that the suspension would generate billions of pounds in profits by 2023. Private investment would compensate fishermen and maintain boats.
A senior UK fishing industry representative said stocks were already improving and the idea made no sense. Unsustainable fishing remains a major issue for the EU, where 75% of stocks are still overfished and catches are only a fraction of what they were 15-20 years ago.
The European Parliament approved measures this week against third countries which allowed the practice. However, Maritime and Fisheries Commissioner Maria Damanaki recently reported progress in the fight to reduce overfishing.
Continue reading: http://www.bbc.co.uk/news/world-europe-19596773