The first target should be fishing subsidies. Fishermen, who often occupy an important place in a country’s self-image, have succeeded in persuading governments to spend other people’s money subsidising an industry that loses billions and does huge environmental damage. Rich nations hand the people who are depleting the high seas $35 billion a year in cheap fuel, insurance and so on. The sum is over a third of the value of the catch. That should stop.
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posted 3707 days ago