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Sumaila, U.R., Cheung, W., Dyck, A., Gueye, K., Huang, L., Lam, V., Pauly, D., Srinivasan, T., Swartz, W., Pauly, D., and Zeller, D. (2012) Benefits of Rebuilding Global Marine Fisheries Outweigh Costs. PLoS ONE 7(7): e40542. doi:10.1371/journal.pone.0040542

Abstract: Global marine fisheries are currently underperforming, largely due to overfishing. An analysis of global databases finds that resource rent net of subsidies from rebuilt world fisheries could increase from the current negative US$13 billion to positive US$54 billion per year, resulting in a net gain of US$600 to US$1,400 billion in present value over […]

Dr. Sumaila speaks to the US congressional subcommittee about the effects of regulation on the marine industry

On July 12, 2012, Dr. Rashid Sumaila presented to the US congressional subcommittee on Investigations, Oversight and Regulation on the effects of regulation on the marine industry. The hearing, titled “Sinking the Marine Industry: How Regulations are Affecting Today’s Maritime Businesses”, focused on federal policy and regulatory impediments. Click to read a transcript of Dr. […]