" The Economist’s World Ocean Summit," was to be an innovative look at the oceans, and ocean issues.
Understand the role for industry and other key stakeholders in fostering sustainable use of the oceans
Exchange ideas with industry leaders and top policymakers
Participate in an outcome-driven dialogue that debates the issues through a variety of interactive formats—keynote interviews, panel discussions, briefings and workshops
Hear from captains of industry as they share their sustainability agendas and strategies for the oceans
The world’s oceans are the setting for increasing economic activity and will continue to be so for years to come.
This one sentence sum's up the purpose of this huge event. Investment potential.
Well! Guess who's coming to dinner!
Pull the finest linens from the closet. Polish the silverware, and lay out the the finest china for a full course feast fit for the Financial Kings, and Captain's of Industry. Don't forget the Tiffany candelabras.
The Bankers are coming to the table for the feast that the Pew Foundation has been preparing for decades.
Invited, and sponsored by the Pew connected ENGOs, Conservation International, Ecotrust, Nature Conservancy, Natural Resources Defense Council, Oceana, World Wildlife Fund, are all expecting residual income, and more doner dollars from the Wall Street and world financial capitalization of extraction, and predatory investment.
Other important sounding organizations like Global Foresight & Innovation, Carbon War Room, and Ocean Recovery Alliance, also await. They too need more money.
Goldman Sachs will sit at the head, flanked by all the commodity controlling financiers, gamblers, and skimmers of profit added to the hungry peoples food supply which until now, they had no control of. Food from the sea will see dramatic increases in cost, not only to fine diners, but poor people that make a meal from a single herring.
The corporate sponsors, JB Blancpain, Google, Americas Cup, The Tiffany & Co. Foundation, Mediamobz, Pacific Andes Group, and the usual suspects, the Walton Family Foundation, the Gordon and Betty Moore Foundation. They know that this feast will fatten them beyond belief. As if the Walton's and the Moore's are starving, being leaders in utilizing foreign labor for mega financial gain, at a cost to American labor.
Pews thirty year campaign to influence and control is now ready to pay off. The last frontier is the final untapped, unindustrialized environment left on the planet, and investment dollars will be the driver to realize the vision. The sharks smell money.
This vision, the Pew philosophy, was presented to the financiers by the whores that have created the agenda for the master they have served for decades, the Pew Charitable Trust. The arrogance and pompousness of these guests, are only eclipsed by those that have created it, and become wealthy doing it.
Other influential dignitaries have been served before.
The President of the United States liked it so much, he hired Jane Lubchenco and adopted the Pew vision as his own.
The Obama Ocean Policy.
The editorial of the Economist 2/25/2012 displays my point accurately.
Fishing and rights
How to stop fishermen fishing
Of all the sea’s many problems, overfishing should be the most fixable. Here’s how
Feb 25th 2012 | from the print edition
ACIDIFICATION, warming, the destruction of coral reefs: the biggest problems facing the sea are as vast, deep and seemingly intractable as the oceans themselves. So long as the world fails to cut its emissions of greenhouse gases, cause of the global warming behind these troubles, they will grow.
There's the beef! Carbon Credit's. Cap and Trade. Creating this commodity market for trade has been evasive. These parasites see a golden opportunity, but the push back has kept the financial rewards out of reach. It remains to be seen whether this commodity will develop. In my opinion, this would be the most appropriate material for an "Economist" editorial coming from this dog and pony show of ENGOs, and foundation funded courtship of the Captains of Industry, Industry Leaders, and Policy makers.
Cap and Trade costs, including predatory profit will cost only the consumer. The cost gets passed on to them.
By comparison, overfishing, another great curse, should be easier to put right, especially in the coastal waters where most fishing occurs. And yet it goes on, year after year.
Again as always, the destruction of the planet is shouldered by fishermen. Even more disgusting is the fact that a handful of foundation funded alarmists have latched onto and manipulated this issue that the fishing world is well aware of, and has a vested interest in controlling. Overfishing.
They can't let that go. Its the bread and butter of their ENGO sustainability! No crisis? No existence.
If there is one thing an entrepreneurial environmental profiteer can do its create a crisis!
So instead of focusing on real issues challenging the health of the oceans, like plastic, fertilizer, chemical/ pharmaceutical pollution, and those effects on the building blocks of the ecosystem, lets just blame the greedy fishermen.
Unless none of these people wash or wear clothing, flush their waste into municipal sewerage treatment facility's, or eat food, They must hold themselves as accountable as they hold fishermen.
Fishermen have every reason to do something. Many fisheries are hurtling towards collapse; stocks of large fish have been reduced by up to 90%. When stocks are overfished, they yield a smaller catch.
Fishermen in this country operate in regulated fishery's as do many through out the world. The US should be a model for developing nations without the Pew/EDF notion of privatization. The citizens of those countries own the resource. It has worked well for the last twenty to thirty years, in rebuilding our fish stocks without privatizing the resource, not to mention, the industry in the United States is 400 years old.
But, without privatization, there is no room for outside investors, leaving the resource affordable to the citizens and allowing their fishermen to earn a living from a percentage of the retail price paid by consumers.
That's what fishermen do. They gather the resource for the citizens that have no other access. For a percentage.
The cost of mismanagement, in lost economic output, is huge: some $50 billion a year, according to the World Bank
Dr. Lubchenco was at this summit. Was this a call out for her management ability, or lack of management? If so, I second that!
The Obama administration's Dr. Jane Lubchenco,Under Secretary of US Commerce, charged with directing NOAA is an advocate of the EDF Catch Share scheme that privatizes the resource. Her goal is to privatize every fishery.
Her management style, if it could be called management, is evident. Privatize, commodify, and consolidate.
EDF president Fre Krupp stated the intent. They made it happen.
It's all publicly available information. You can draw your own conclusions.
Since the concept of NOAA, created from recommendations of the Stratton Report, there has been no administrator of this agency that has been more controversial. Or reviled toward the industry she is charged with regulating.
The mission of NOAA is to create balance for resource, and industry alike, not destroy the fishing industry.
The choices in appointments to key postions at NMFS, her actions of non transparency, evasiveness to Congress, and the continued push to the Catch Share scheme, have been sharply criticized. Deservedly.
All of the talking points covered at this conference, and if this editorial reflects a conclusive understanding, are old, stale, and proved to be destructive to the resources they claim that Catch Shares protect.
To understand the negative effects of Catch Shares to fish and fishermen alike is read about the New England ground fishery, the "Holy Grail" of fishery's. The Obama Administration through EDFs Lubchenco has divided the industry into winners and losers, without looking back. The aloof behavior of Lubchenco has not gone un noticed. Her reckoning approaches, as the horror stories are revealed in a steady, real time stream.
Olina Thorvardardottir a member of the Icelandic Parliament who represents the Westfjords where the fishing industry has been in decline for the last 20 years (Iceland instituted ITQ's in 1983) is quoted saying in reference to the largest quota holding companies: "They were given these quotas in 1983 and have managed to build up debts and mortgage uncaught fish. The way they have treated these rights is a scandal. Who gave them license to mortgage a natural resource?"
More reports from around the world on the destructive effects of the privatization and corporatization of our local food sources.
One reason why the pillage continues is that knowledge of fish stocks is poor, especially in developing countries.
Lack of management? What will be done to assist these nations?
As large boats and refrigeration have spread, fishing fleets have covered greater distances and hoovered up larger catches.
The Economist must have been referencing another guest speaker, Stephanie Madsen, executive director of the At-sea Processors Association.They represent the factory trawler fleet of the US Pollack fishery in Alaska. This is a Catch Share, ITQ fishery. There was limited representation of any fishing industry interests, other than this. The unique fishery is one of a very few that can support that type of activity. This also appears to be the preference of investors.
In the negative context of alarm, and disgust, I assume the real reason this was brought up was to slam the subsidized fleets that pilage poor nations fish stocks, driving the poor further from their resource, and into further despair. Like Somalia, and the effects of pirate fishing, turning Somalian fishermen into pirates.
Fishermen generally understand the risks of overfishing. Yet still they flout quotas, where they exist.
There are limits already in place in managed fisheries. Total Allowable Catch.
That is often because they take a short-term view of the asset—they would rather cash in now and invest the money in something else.
A narrow minded, unfounded statement based on nothing. That island fisherman fishing from a dugout does not aspire to own a hedge fund, or a wind turbine. He's happy to catch fish, and feed his family.
Who ever concocted that notion should do some self reflection, and figure out why they would think that way.
And it is invariably compounded by a commons-despoiling feeling that if they don’t plunder, others will.
Who ever concocted that notion should do some self reflection, and figure out why they would think that way.
Because technology lets fishermen fish with less effort, it disguises just how fast the stocks are depleting.
This statement proves the depth and knowledge by all involved in this summit.
Fishing removes carbon from the ocean.
Fishing has the smallest carbon foot print of any industrial food production, including organic farming.
Fishing is the only food producing industry that uses no fresh water, chemicals, fertilizers, or growth hormones.
Fishing until now, and as much as these EDF/Pew Charity liars try, has not been under the control of Wall St, and the interloping parasites of the world financial predators that drive the price up of what sustains us as humans, food.
Of all the sea’s many problems, overfishing should be the most fixable.
So, this is what "The Economist" took away from the summit? The ocean is being over fished because of greedy fishermen, chasing the last fish?
The EDF Catch and trade Scheme, Catch Shares, privatization of the fish resource will fix the world fisheries?
Unfortunately, No. It'a lie.
Sold by Lubchenco, Menge, Gaines, Festa, Pauly, Worm, Pickitch, Rosenberg, Morgan, Myers.
The point of this event was to showcase the investment opportunity's that lay ahead. Ocean commodity's.
Fish, and Carbon. Green energy. Windmills on fishing grounds.
Not only at this summit, but also in policy making of the Obama Administration.
Now is the time to engage the global business community and change the nature of the debate.
I doubt that any debate was enacted during this summit, and its hard to debate an issue if all in attendance agree, there's a pile of loot to be dredged from the ocean. Especially now! The greening of the ocean awaits! Cash money green.
Catch Shares, Industrial Ocean Aquaculture, Marine Spacial Planning, Industrial Offshore Wind, Marine Protected Areas that include oil and gas drilling and exclude one activity! Fishing!
Warped visions of financial exploitation.
There is not one environmental gain in any of them.
He also demystifies catch shares: how this new approach increases fish populations and creates safer, more profitable fishing jobs
These talking points are a slap in the face of fishermen around the world that do care about the resource they harvest.
The notion that those in the corporate world would be better stewards of the resource through privatization is ludicrous. After all the financial track record of financial predators in the corporate and financial world have been exposed.
The cost of mismanagement, in lost economic output, is huge: some $50 billion a year, according to the World Bank.
But you know that, don't you, Dr. Lubchenco! Just how much is YOUR management costing OUR economy?
Speaking of management, click here,and cue the audio to25.20. Interesting as Hell. Better still, listen to it entirely.