ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Oceana Welcomes New Legislation to Improve U.S. Fisheries Management

Today, Rep. Jared Huffman (CA-02) — chair of the Water, Oceans, and Wildlife Subcommittee of the House Natural Resources Committee — and Rep. Ed Case (HI-01) introduced legislation to reauthorize the Magnuson-Stevens Fishery Conservation and Management Act (MSA), the primary law governing U.S. marine fisheries that has been in place since 1976 and last reauthorized in 2006. The legislation, titled the Sustaining America’s Fisheries for the Future Act, would improve habitat conservation, bycatch management, and requirements to rebuild stocks.

Oceana applauded the bill’s introduction and released the following statement from campaign director Whitney Webber:

“It’s time to bring our fisheries law into the 21st century and harness the power of information and technology to better manage America’s fisheries. Managing our oceans in a changing climate will require modern management tools, and Reps. Huffman and Case should be commended for their leadership in championing changes that will help keep our oceans fishy for generations to come. We know that healthy fisheries are critical to sustaining our coastal communities and economy and look forward to working with Congress to strengthen our nation’s hallmark fisheries law. The changes proposed by Reps. Huffman and Case will continue the trend of improvement that has accompanied each of the past reauthorizations of this bill.”

Background:

The MSA is one of the most effective fisheries laws in the world today. Originally signed into law with bipartisan support in 1976, the MSA has been updated (or “reauthorized”) several times since then. The most recent reauthorization took place in 2006 and significantly strengthened the MSA’s focus on conservation, science-based management, and long-term sustainability. While the MSA has brought back several fisheries from the brink of collapse after decades of overfishing, a recent report from the National Oceanic and Atmospheric Administration (NOAA) signals that more must be done. In fact, NOAA’s 2020 Status of Stocks report found that the number of overfished fish stocks has reached its highest point since 2012, with 49 fish stocks, or 20% of all known stocks, considered overfished. This includes eight fish stocks that were previously rebuilt but are now overfished once again.

Oceana is the largest international advocacy organization dedicated solely to ocean conservation. Oceana is rebuilding abundant and biodiverse oceans by winning science-based policies in countries that control one-third of the world’s wild fish catch. With more than 225 victories that stop overfishing, habitat destruction, pollution, and the killing of threatened species like turtles and sharks, Oceana’s campaigns are delivering results. A restored ocean means that 1 billion people can enjoy a healthy seafood meal, every day, forever. Together, we can save the oceans and help feed the world. Visit USA.Oceana.org to learn more.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  220.69
+3.55 (1.63%)
AAPL  271.49
+5.24 (1.97%)
AMD  203.78
-2.24 (-1.09%)
BAC  51.56
+0.56 (1.10%)
GOOG  299.65
+9.67 (3.33%)
META  594.25
+5.10 (0.87%)
MSFT  472.12
-6.31 (-1.32%)
NVDA  178.88
-1.76 (-0.97%)
ORCL  198.76
-11.93 (-5.66%)
TSLA  391.09
-4.14 (-1.05%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.