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Fuelling the fisheries subsidy debate: Agreements, loopholes and implications |
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| Authors: | Sarah Harper Daniele Bevacqua |
| Institution: | a Sea Around Us Project, Fisheries Centre, University of British Columbia, 2202 Main Mall, Vancouver, Canada V6T1Z4 b Dipartimento di Scienze Ambientali, Università degli Studi di Parma, Parco Area delle Scienze 11A, Parma I-43100, Italy c Quantitative Modelling Group, Fisheries Centre, University of British Columbia, 2202 Main Mall, Vancouver, Canada V6T1Z4 d Université Paris-Dauphine, Place du Maréchal de Lattre de Tassigny, Paris 75775, France e Faculty of Science and Technology, University of Plymouth, Drake Circus, Plymouth PL48AA, United Kingdom f Albert-Ludwigs Universität, Platz der Alten Synagoge 1, Freiburg D-79085, Germany g Fisheries Economics Research Unit, Fisheries Centre, University of British Columbia, 2202 Main Mall, Vancouver, Canada V6T1Z4 |
| Abstract: | There is a general consensus that most subsidies to fisheries, particularly fuel subsidies, are harmful to both the economy and the environment. As the World Trade Organization struggles to come to an agreement on fisheries subsidies, understanding the position of the negotiating countries is crucial. As we move toward more sustainable regulations, we must ensure that no loopholes exist for countries to evade binding regulations. In this note, we use the example of the United States to illustrate how arguments for exemptions can lead to such loopholes. The United States provides interesting insight, as it appears that their support for a ban on fisheries subsidies may be contingent upon a legal pun, which would allow them and other countries to carry on subsidizing fuel to their fishing fleets into the future. |
| Keywords: | Fisheries fuel subsidy Regulation loophole Tax diversion United States World Trade Organization agreement |
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