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July 21, 2006

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Fishing Rights Buyout: Nature Conservancy pays commercial trawlers to help save sea habitat

The Nature Conservancy, best known for buying development rights from farmers, is now paying commercial anglers several hundred thousand dollars apiece for their fishing rights. To date, according to this Associated Press article, the group has purchased six federal trawling permits and four trawling vessels from fishermen in California’s Morro Bay in a new plan to reward fishermen for forgoing fishing methods that can damage sensitive marine ecosystems. According to a fourth-generation fisherman, the green group’s offer has been well-received so far.


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