The European Parliament has approved a package of major reforms to the EU Common Fisheries Policy, designed to cut waste and stop overfishing in European waters.
Under the current plan good fish are throw away and back to the sea.The current policy is wasteful – 75% of stocks are still overfished and catches are only a fraction of what they were 15-20 years ago. Catches of cod for example have declined by 70% in the last 10 years. With this fisherman pull in more then their quota and the overage of dead fish is dumped back to the sea.
Under the new legislation they will decrease the number of boats and the fisherman will have to land their entire catch and anything over their quota they will be penalized. They will also look into getting better technology to help manage the take they bring in. Also fisheries will managed on a ecosystem basis where there needs to be more flexibility in the system and more scientific data needs to be collected on a larger number of fish species.
They will also crack down on illegal fishing and over fishing by other countries like Thailand, Korea, and the Philippines.