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EU can shut off power supplies if UK tries to seize control of fish stocks, small print of deal reveals

EU can shut off power supplies if UK tries to seize control of fish stocks, small print of deal reveals

Cables under Channel meet 8 per cent of demand – raising threat of higher prices and possible blackouts.

The EU has secured the ability to shut off gas and electricity supplies if the UK tries to seize control of disputed fish stocks in future, experts are warning.

The sanction – which would hike prices and possibly trigger blackouts – makes a mockery of the prime minister’s claim to have “taken control” of British waters in his trade agreement, they say.

The little-noticed clause in the vast 1,255-page text allows Brussels to kick the UK out of its electricity and gas markets in June 2026, unless a fresh deal is agreed.

The date set is – deliberately – the same as for the review of fishing rights, when Mr Johnson has insisted the UK will finally grab a large share of stocks, having failed to do that in his agreement.

The Institute for Government said Brussels had been determined to secure a connection “between energy and fish” in the negotiations that finally concluded on Christmas Eve.

“It seems that, in the weeds of the deal, they’ve succeeded,” Maddy Thimont Jack, the IfG’s associate director, told The Independent:

“By including annual negotiations on energy from 2026, it would be very easy to leverage access to the EU’s energy market in the annual talks on fish – also starting in 2026.

“This is just another reason why the UK will likely struggle to take back control of any more of its waters in the years to come.”

Losing power supplies could have a significant impact on the UK, which brings in about 8 per cent of its demand through huge power cables under the Channel.

…click on the above link to read the rest of the article…

 

The race to fish: how fishing subsidies are emptying our oceans

The race to fish: how fishing subsidies are emptying our oceans

Fish numbers are rapidly dwindling globally, and fishery subsidies are one of the key drivers behind this decline. In 2009, these subsidies totalled about US$35 billion, creating incentives for fishers around the world to increase their catch. But this short-term “race to fish” is jeopardising the long-term environmental, social, and economic security that fisheries offer us all.

My group at the University of British Columbia recently cast our net into the troubling waters of fishery subsidies, to see how this ship might be turned around.

Overfishing: a major issue facing our oceans

According to the recently released World Wildlife Fund Living Blue Planet Report, our oceans are in a bad state. Climate change, habitat destruction, and deep-sea mining are wreaking havoc on marine biodiversity.

But overfishing is in a league of its own.

The WWF report found that population numbers of utilised fish (those species used by humans for subsistence or commercial purposes) have fallen by half in the four decades from 1970 to 2010. A full 90% of fish stocks globally are now classified as either overexploited or fully exploited. Common seafood choices such as tuna, shrimp, whiting, and salmon are among the worst affected.

Only the very deepest parts of the oceans are currently safe from the pressure of fisheries. But how long this remains the case is yet to be seen. The demand for fish is growing the world over, driven by population growth, increased wealth, and the continued mass subsidisation of the fisheries industry.

Fishing subsidies are a global problem

The US$35 billion of subsidies that we estimate that were handed out globally in 2009 is not trivial. In fact, this figure constitutes between 30% and 40% of the landed values generated by marine fisheries worldwide.

…click on the above link to read the rest of the article…

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