The importance of essential fish habitat in supporting commercial fisheries has received increasing attention in recent years. Bottom trawling is known to cause particularly destructive damage to habitat which is effectively non-renewable, such as cold water corals. This paper applies the...

Subsidies in the world's fishing industry have long been considered to have harmful effects on fish stocks. The fishing industry has suffered from over-capacity for many years, and subsidies encourage investment, leading to greater capacity and more pressure on fish stocks, many of which are...

Subsidies in the world's fishing industry have long been considered to have harmful effects on fish stocks. The fishing industry has suffered from over-capacity for many years and more pressure on fish stocks, many of which are already exploited close to extinction. However, this paper argues,...