Ecology Action Centre Report Shows Potential Returns of Over $2.5 Million for Century-Old Fishery Adapting to Climate Change
A report from the Ecology Action Centre finds that Nova Scotia’s commercial swordfish harpoon fleet could be seeing returns of $2.5 million by adding charters as another stream of income and a new gear type to adapt to low catch rates caused in part by climate change. “Keeping a century-old fishery alive” details two years of trials of a new rod-and-reel gear type, an economic analysis of adding charter operations to the fishery, results from surveys of industry stakeholders and recommendations for regulatory changes. …