Wild Habitat &
Fin Fish Pens
Can They Co-Exist?
by Paul Molyneaux
When the Blue Revolution, version 1.0—industrial fisheries—took place in the 1960’s and 70’s, the story supporting overcapitalization of the world’s fishing fleets went something like this: The capacity of the oceans to produce food is virtually unlimited, by utilizing the latest technologies, the commercial fishing industry can harvest 500 million tons of seafood annually. It was promised in those days that building up America’s fleets would create jobs, reduce our country’s trade deficit and help meet domestic demand for seafood. Any problems encountered along the path of economic growth could be remedied with the application of more sophisticated technology.
A significant portion of the media, academia, the government, entrepreneurs and the banks that financed them, got behind the story until it became an unquestioned part of the mainstream