Tag: subsidies

• Over-exploitation of Ocean’s Resources

  Of the straddling stocks nearly two-thirds of the stocks (64 per cent) are classified as over-exploited, depleted or recovering, 23 per cent are fully exploited, 12 per cent are moderately exploited.

  Straddling stocks are stocks of fish which migrate between the economic exclusive zone of one or more regions and the high seas. These are highly migratory fish stocks.

  80% per cent of the world’s fish stocks are reported as fully exploited or over-exploited.

  Fishing subsidies greatly distort the fisheries market.

  Global fisheries subsidies were estimated to be US$35 billion. The total revenue from the industry is US$90 billion.

  Harmful subsidies constituted US$20 billion each year consisting of fuel subsidies, management, port and harbour tax relief and equipment modernisation. So US$20 billion each year are subsidising an industry to catch more fish that are over-exploited.

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  22 August 2025

• 2040 Documentary

  2040 is a documentary by Damon Gameau that targets a young audience to convince them that they can make a difference to planet Earth’s well-being using technology that we all ready have at our disposal.

  The key areas addressed in the documentary are transport, electricity production, agriculture, marine permaculture (kelp farming) and education.

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  14 September 2019