Ask an Expert: Why is the global fishing industry given $35 billion in subsidies each year?
OceanCanada Research Director Rashid Sumaila and his collaborators from the Global Fisheries Cluster(Sea Around Us and the Nereus Program) have published an updated estimate of global fisheries subsidies in the international journal Marine Policy. The researchers found that the global fishing industry is being supported by $35 billion yearly in government subsidies, the majority of […]