Endangered Oceans | Alternatives to Government Regulation Will Promote the Growth of Aquaculture

In the following viewpoint Ferdinand F. Wirth and E. Jane Luzar argue that fish farming, known as aquaculture, must increase to meet the global demand for seafood. However, aquaculture uses natural, public resources and is thus subject to numerous state and federal agencies whose rigid regulations encumber rather than encourage the industry, the authors maintain. In contrast, free-market incentives—such as charging businesses for emissions—can encourage competition and environmental stewardship, they claim. Wirth is professor of food and resource economics and Luzar is associate dean...

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