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PDF
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Type:
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Working Paper |
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Author:
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De Alessi, Michael |
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Date:
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1996 |
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Agency:
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Center for Private Conservation, Competitive Enterprise Institute, Washington, DC |
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Series:
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Private Conservation Case Study |
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URI:
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https://hdl.handle.net/10535/5835
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Sector:
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Water Resource & Irrigation |
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Region:
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North America |
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Subject(s):
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fisheries
water resources
oceans
coral reefs
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Abstract:
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"Throughout much of the U.S., artificial reefs are created directly by state conservation departments. Alabama and Florida are two exceptions: They began to tap the connection between ownership and stewardship by creating limited areas where private groups and individuals could create their own reefs. Once the reefs are in the water they become public property, but the exclusive knowledge of where reefs are located allows their "owners" to benefit from the productivity of the reefs and discourages them from overfishing. Of course, this ownership only lasts as long as the reef location remains a secret, but even this fleeting property right has resulted in a tremendous private initiative to enhance the marine environment in these two states."
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