In the News

Tragedy of the Commons - Cod stocks on course to crash

26th January 2019

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An excellent snippet that highlights the impact of climate change on sustainable fishing.

According to the latest research, the Arctic Assessment and Monitoring Programme thinks that cod stocks in the Barents Sea are on the point of collapse, a combined result of warmer seas and overfishing. It highlights the difficulty of the sustainable management of a common access resource, and how when climatic conditions changes this task is made even harder.

Fish fingers and cod and chips are under a far greater threat from climate change than previously thought, according to study that has grave implications for food security https://t.co/09vnoB83D8 by @jonathanwatts
— ECIU (@ECIU_UK) January 25, 2019

The Barents Sea, which is in the Arctic, is a major source of seafood nutrition for northern Europe. Along with Iceland, it is a key source of cod... https://t.co/NiDWVp56kN
— MARINET (@marinet_uk) January 26, 2019

More here on the economics of the Tragedy of the Commons

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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Tragedy of the Commons - Cod stocks on course to crash

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