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Overcoming Three Hurdles to IFQs in US Fisheries
Publication Date: April 2004
Publisher(s): Environmental Defense Fund; PERC (Bozeman, Mont.); Reason Foundation
Author(s): Pete Emerson; Donald R. Leal; Michael De Alessi
Funder(s): Bradley Fund for the Environment; Charles G. Koch Charitable Foundation; Alex C. Walker Educational & Charitable Foundation
Funder(s): Bradley Fund for the Environment; Charles G. Koch Charitable Foundation; Alex C. Walker Educational & Charitable Foundation
Topic: Agriculture, forestry and fishing (Fish industry)
Type: Brief
Abstract:
The following discussion describes the problems in U.S. fisheries, the potential role of individual fishing quotas (IFQ), and the three most contentious issues surrounding their implementation. These are the questions of whether a two-tiered system that includes both IFQs and indiviual processor quotas (IPQs) is needed, what restrictions, if any, to place on IFQs, and whether or not to place a sunset provision on IFQs.