Published in the Marine Policy journal, its authors argue that offshore aquaculture growth depends on whether aquaculture stakeholders and policymakers can balance growth goals alongside social and ecological trade-offs.
Aquaculture has huge growth potential in the US it currently accounts for only 8 percent of domestic seafood production. Proponents of the EO say that the deregulation will make the US aquaculture industry more competitive and seize offshore production opportunities. However, the EO came at a challenging time for the US seafood sector. Unresolved trade wars and the Covid-19 pandemic meant that the industry was restructuring. Imagining the upshots of a new EO is difficult. There is a chance that, if aquaculture expands without proper oversight, it could undermine environmental gains and lose public support.
Turbulent might be the best way to characterise 2020 for the US seafood sector. An on-going trade war with China meant that the US was cut off from the worlds largest seafood consumer. The start of the Covid-19 pandemic in March of that year was another body blow for the sector. The lockdowns and closure of the food service sector caused huge economic losses. The researchers estimate that 75 percent of seafood consumption in the US takes place in restaurants fish and shellfish farmers had to quickly adapt their business models to stay in the black.
For many finfish producers, this meant shifting from restaurant to retail sales while shellfish farmers either downsized or delayed selling their crops until the pandemic reached a low ebb. Though the federal government provided pandemic relief with the $1.8 trillion CARES Act, only 0.017 percent of the aid money went to aquaculture producers.
The researchers highlighted five ways to ensure the EO balances the social and ecological trade-offs of the deregulated industry.
The EO calls for fisheries to increase catch levels while maintaining sustainability targets this is easier said than done. Currently, 85 percent of wild-caught fisheries are fished at, or near, maximum sustainable levels. Deregulation needs to be strategic and specific to achieve both goals. From the researchers perspective, changes in regulation might make fisheries more profitable, but increasing wild production may not be feasible.
Before the EO, fisheries and aquaculture activities were managed by two separate agencies, NOAA and USDA. Putting both sectors within the remit of NOAA gives the agency the opportunity to adopt an integrated management approach, specifically an ecosystem approach to aquaculture (EAA).
This model prioritises ecosystem health, community well-being, profitability and overall environmental health when developing aquaculture projects. Managing aquaculture this way is crucial: well-managed and spatially planned fish farms can reduce environmental impacts. Ill-executed developments will degrade the surrounding ecosystem.
Public pushback against new aquaculture projects has been a hallmark of the industry for years. Despite high consumption of imported farmed seafood in the US, many communities remain resistant to local fish and shellfish farms. Industry-led efforts to improve aquacultures public image havent been hugely successful either.
For the EO to achieve its goals, aquaculture development must include local stakeholders in decision-making. The researchers urged the industry to think of the social carrying capacity of communities to minimise objections to new developments. In their view, NOAA is well-equipped to manage these interests when selecting potential sites.
The EOs clause concerning suitable reporting from aquaculture operators is a welcome one. Aquaculture rules vary between states and there arent any uniform production standards at the federal level. Federal reporting occurs in five-year census increments theres a gap in the national aquaculture data.
Creating a reporting mechanism that tracks annual production and on-farm metrics like feed sources, efficiencies, survival rates and environmental indicators would help aquaculture establish a baseline and build towards future success. The researchers believe that strong data collection will build public confidence and allow secondary industries (like processing and insurance) to thrive.
One unanticipated consequence of the Covid-19 pandemic has been an increase in food nationalism and a renewed focus on the US seafood deficit. This growing concern could be a stumbling block for the EO and the Seafood Trade Task Force.
The Task Force needs to maintain the support of sustainable aquaculture producers while gaining access to lucrative foreign markets. The aquaculture market is global protectionism tends to punish consumers and frustrate growth. Despite its status as the top seafood importer, the US is also among the top five seafood exporters. Identifying opportunities in foreign markets drives the industrys expansion and will make the US food system more resilient going forward.
Read more about this assessment in Marine Policy.
See the article here:
Ensuring the sustainable growth of the US offshore aquaculture sector - The Fish Site
- Offshore Company Registration and Bank Accounts for ... [Last Updated On: June 12th, 2016] [Originally Added On: June 12th, 2016]
- Introduction to Offshore Incorporation [Last Updated On: June 12th, 2016] [Originally Added On: June 12th, 2016]
- Offshore Magazine: Oil and Gas News Covering Oil ... [Last Updated On: June 12th, 2016] [Originally Added On: June 12th, 2016]
- How Offshore Drilling Works | HowStuffWorks [Last Updated On: June 14th, 2016] [Originally Added On: June 14th, 2016]
- Windpower Offshore - Offshore wind power projects & companies [Last Updated On: June 14th, 2016] [Originally Added On: June 14th, 2016]
- RC Boats by Offshore Electrics [Last Updated On: June 14th, 2016] [Originally Added On: June 14th, 2016]
- Jobs | Offshore JOBS - RIGZONE | Rigzone [Last Updated On: June 14th, 2016] [Originally Added On: June 14th, 2016]
- FE Trustnet Offshore: Offshore Top Mutual Funds | Offshore ... [Last Updated On: June 16th, 2016] [Originally Added On: June 16th, 2016]
- ICIJ Offshore Leaks Database [Last Updated On: June 16th, 2016] [Originally Added On: June 16th, 2016]
- Oil Offshore Marine - Oil and Gas Industry Jobs UK, Marine ... [Last Updated On: June 19th, 2016] [Originally Added On: June 19th, 2016]
- Offshore | Definition of Offshore by Merriam-Webster [Last Updated On: June 21st, 2016] [Originally Added On: June 21st, 2016]
- Offshore Wind Power - National Wildlife Federation [Last Updated On: June 25th, 2016] [Originally Added On: June 25th, 2016]
- Offshore Marine Contractors, Inc. - Offshore Lift Boats ... [Last Updated On: June 25th, 2016] [Originally Added On: June 25th, 2016]
- Offshore Theater | Free HD Surf Cameras California Hawaii [Last Updated On: June 25th, 2016] [Originally Added On: June 25th, 2016]
- Offshore Wikipdia [Last Updated On: June 25th, 2016] [Originally Added On: June 25th, 2016]
- Panama Offshore Legal Services | POLS - Attorneys [Last Updated On: June 29th, 2016] [Originally Added On: June 29th, 2016]
- Offshore Company Formation, Banking, Trusts and Asset ... [Last Updated On: June 29th, 2016] [Originally Added On: June 29th, 2016]
- Offshore drilling - Wikipedia, the free encyclopedia [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- NWS Offshore Marine Forecasts by Zone [Last Updated On: July 14th, 2016] [Originally Added On: July 14th, 2016]
- Offshore Jobs | Offshore Jobs | Find yourself an Offshore ... [Last Updated On: July 14th, 2016] [Originally Added On: July 14th, 2016]
- Houston Offshore Engineering - Marine Engineering, Naval ... [Last Updated On: July 14th, 2016] [Originally Added On: July 14th, 2016]
- Offshore | TradeWinds [Last Updated On: July 14th, 2016] [Originally Added On: July 14th, 2016]
- Offshore | United States Sailing Association [Last Updated On: July 16th, 2016] [Originally Added On: July 16th, 2016]
- Offshore Jobs | $69,999+ Pay Possible | #1 Trusted ... [Last Updated On: July 16th, 2016] [Originally Added On: July 16th, 2016]
- Offshore Drilling and Exploration - The New York Times [Last Updated On: July 16th, 2016] [Originally Added On: July 16th, 2016]
- TDV Offshore [Last Updated On: July 23rd, 2016] [Originally Added On: July 23rd, 2016]
- Offshore Work - Employment Spot [Last Updated On: July 23rd, 2016] [Originally Added On: July 23rd, 2016]
- Offshore Companies | Offshore Banking - OffshoreSimple.com [Last Updated On: August 12th, 2016] [Originally Added On: August 12th, 2016]
- Offshore boats for sale - BoatTrader.com [Last Updated On: August 12th, 2016] [Originally Added On: August 12th, 2016]
- Key West Deep Sea Fishing | Offshore Fishing Charters and ... [Last Updated On: August 12th, 2016] [Originally Added On: August 12th, 2016]
- The Offshore Group Jobs [Last Updated On: August 12th, 2016] [Originally Added On: August 12th, 2016]
- UK offshore becoming safer, report finds - Offshore [Last Updated On: August 12th, 2016] [Originally Added On: August 12th, 2016]
- Latest Offshore Oil and Gas Industry News - Offshore ... [Last Updated On: August 12th, 2016] [Originally Added On: August 12th, 2016]
- Exmar Offshore [Last Updated On: August 12th, 2016] [Originally Added On: August 12th, 2016]
- Offshore Wind Energy | BOEM [Last Updated On: August 12th, 2016] [Originally Added On: August 12th, 2016]
- Island Offshore - HOME [Last Updated On: August 19th, 2016] [Originally Added On: August 19th, 2016]
- Offshore JOBS - RIGZONE [Last Updated On: August 21st, 2016] [Originally Added On: August 21st, 2016]
- Offshore | World Oil Online [Last Updated On: August 23rd, 2016] [Originally Added On: August 23rd, 2016]
- Used Offshore Yachts for Sale - Offshore Yachts MLS [Last Updated On: August 23rd, 2016] [Originally Added On: August 23rd, 2016]
- Offshoring - Wikipedia, the free encyclopedia [Last Updated On: August 23rd, 2016] [Originally Added On: August 23rd, 2016]
- Offshore Fishing Charters in Florida [Last Updated On: August 25th, 2016] [Originally Added On: August 25th, 2016]
- Offshore Company Formation, Incorporation & Bank Accounts [Last Updated On: August 25th, 2016] [Originally Added On: August 25th, 2016]
- Offshore Definition | Investopedia [Last Updated On: September 11th, 2016] [Originally Added On: September 11th, 2016]
- Home | Discover Oil & Gas | Rigzone [Last Updated On: October 23rd, 2016] [Originally Added On: October 23rd, 2016]
- Offshore Bag - Bad Ass Work Bags [Last Updated On: November 6th, 2016] [Originally Added On: November 6th, 2016]
- API | Offshore [Last Updated On: November 6th, 2016] [Originally Added On: November 6th, 2016]
- Offshore company - Wikipedia [Last Updated On: November 12th, 2016] [Originally Added On: November 12th, 2016]
- Offshore - Wikipedia [Last Updated On: November 23rd, 2016] [Originally Added On: November 23rd, 2016]
- EscapeArtist - Live, Work, Travel, Retire & Invest Overseas [Last Updated On: December 15th, 2016] [Originally Added On: December 15th, 2016]
- Offshore installation manager - Wikipedia [Last Updated On: December 25th, 2016] [Originally Added On: December 25th, 2016]
- Offshore drilling - Wikipedia [Last Updated On: January 8th, 2017] [Originally Added On: January 8th, 2017]
- Offshore Energy 17 [Last Updated On: January 11th, 2017] [Originally Added On: January 11th, 2017]
- Welcome to Siem Offshore: Siem Offshore AS [Last Updated On: January 19th, 2017] [Originally Added On: January 19th, 2017]
- Offshore - novenco-marine.com.php56serv2.webhosting.dk [Last Updated On: February 3rd, 2017] [Originally Added On: February 3rd, 2017]
- First offshore installation work completed on Johan Sverdrup - Oilfield Technology [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Hornbeck Offshore Services (HOS) Given Average Rating of Hold by Brokerages - Sports Perspectives [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Offshore Work Begins on Relocating US Base on Okinawa - ABC News [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- China's Market News: Offshore Yuan at Cross Roads Amid Widened Spread - DailyFX [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Diamond Offshore sees recovery when oil 'well over $60' - Reuters [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Japan begins offshore construction work on moving US base in Okinawa - RT [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Further decline in North Sea offshore supply work - BBC News [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Offshore Drillers See Gains, But Recovery Afar - E&P [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Shell Aims To Sell Stake In Danish Offshore Oil, Gas Venture - OilPrice.com [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Offshore Profits and US Exports - Council on Foreign Relations (blog) [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Offshore Drillers Are Still Seeking Recovery Enjoyed by Shale - Bloomberg [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Offshore Wind Moves Into Energy's Mainstream - New York Times [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Diamond Offshore Surprises Everyone With a Fourth Quarter ... - Motley Fool [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Trump's Plan to Tap Offshore Profit for Infrastructure Gains an Ally ... - Bloomberg [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Dems: Don't repeal offshore tax rules | TheHill - The Hill [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Wind Overtakes Coal Power in Europe as Turbines Head Offshore - Bloomberg [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Tullow finds 'live' oil offshore Jamaica - Jamaica Gleaner [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- ORC and IRC unite offshore racing fleets for 2018 World ... - International Sailing Federation [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Shares of Seadrill Went in the Exact Opposite Direction of Other Offshore Drillers in January - Motley Fool [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Coalition urged to charge 10% royalty on offshore oil and gas projects - The Guardian [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- After selling off all oilsands assets, Statoil looks to Newfoundland offshore - Calgary Herald [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Israel Puts Off License Award In First Offshore Oil, Gas Bid Round - OilPrice.com [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Cost Impact of Immigration and Visa Reform to US Customers Using Offshore Services - Forbes [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- These Offshore Drilling Stocks Are Up Big as Earnings Season Starts - Fox Business [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Oil and Gas Stock Roundup: The Outlook for Offshore Drilling Continues to Dim - Fox Business [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Offshore crew eyes weather gains - reNews [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]