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The Privatizationof U.S. FisheriesThrough CatchShare Programs
Fish, Inc.
 
 About Food & Water Watch
Food & Water Watch works to ensure the food, water and sh we consume is safe, accessible and sustainable. So wecan all enjoy and trust in what we eat and drink, we help people take charge of where their food comes from, keepclean, affordable, public tap water owing freely to our homes, protect the environmental quality of oceans, forcegovernment to do its job protecting citizens, and educate about the importance of keeping shared resources underpublic control.
Food & Water Watch
1616 P St. NW, Suite 300Washington, DC 20036tel: (202) 683-2500fax: (202) 683-2501info@fwwatch.orgwww.foodandwaterwatch.orgCopyright © June 2011 by Food & Water Watch. All rights reserved. This report can be viewed or downloaded atwww.foodandwaterwatch.org.
California Ofce
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Executive Summary.................................................................................................................................................................ivPrivatizing U.S. Fisheries..........................................................................................................................................................1
The Wrong Choice
......................................................................................................................................................1
Privatization by Any Other Name
...................................................................................................................1
Catch Share Programs in the United States
.....................................................................................................2
The Design and Downfall of Privatized Catch Share Systems
......................................................................................2Economic Devastation.............................................................................................................................................................3
Distribution of Shares
.................................................................................................................................................3
More Than a Decade of Concerns
...................................................................................................................3
Windfall Wealth and the Fish Stock Market 
....................................................................................................4
 Job Losses
..................................................................................................................................................................4
How Catch Shares Cause Job Losses
..............................................................................................................4
Fleet Reduction Means Job Losses
.................................................................................................................5
Wage Losses for Crew Members and Captains
............................................................................................................5
Community Hardship
..................................................................................................................................................6
Crew Life After Catch Shares in the Bering Sea Red King Crab Fishery 
............................................................6
Destroying Communities for Private Prot 
......................................................................................................7
Safety for Fishermen
...................................................................................................................................................7Fishery Health..........................................................................................................................................................................8
Stock Assessments
.......................................................................................................................................................9
Catch Shares Have Failed to Increase TACs in the Alaskan Sablesh Fishery 
....................................................9
The State of Fish Stocks in Iceland 
.................................................................................................................10
Discarding 
................................................................................................................................................................10
Monitoring 
................................................................................................................................................................11The Dubious Legal Grounds for Catch Shares........................................................................................................................12Learning from International Experience.................................................................................................................................13
Iceland 
.....................................................................................................................................................................13
New Zealand 
.............................................................................................................................................................13
Namibia
....................................................................................................................................................................14Catch Shares Aren’t Fair..........................................................................................................................................................15Appendix................................................................................................................................................................................16Glossary..................................................................................................................................................................................17Endnotes.................................................................................................................................................................................19
The Privatization of U.S. Fisheries Through Catch Share Programs
Fish, Inc.
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