The Pew Environment Group on Monday released a report finding that in 2009 USD 164.2 million were lost by U.S. commercial fishermen due to decades of overfishing. In that year, just one-quarter of potential revenue was realized, according to the report.
Titled “The Hidden Cost of Overfishing to Commercial Fishing,” the report evaluates the impact of overfishing, focusing on three regions — the Gulf of Mexico, South Atlantic and New England. The report was prepared by the non-profit organization Ecotrust.
According to the report, fishermen lost USD 2.9 million in the Gulf, USD 15.2 million in the Southeast and USD 149 million in New England.
