Tuesday, December 13, 2022

Funding for a 'quota bank'

The Rasmuson Foundation has made the following grant to the Sitka-based Alaska Sustainable Fisheries Trust:

$475,000 to support a Gulf of Alaska quota bank that will provide access to fishing opportunities through leases to fishermen in rural and indigenous communities. The Alaska Sustainable Fisheries Trust will purchase quota shares of sablefish and halibut to lease to rural coastal residents, providing a lower risk way to take part in these fisheries.

1 comment:

Anonymous said...

Having Rasmuson enter the quota share buying pool will do nothing but jack the quota share prices up more. That will make it even harder for the people they are trying to help to afford their own quota. Simple economics.

Keep the government and do-gooders out of the IFQ business. If you don't have any money, get another job and save till you can afford your own quota.