Sunday 4 November 2012

Australia to create world's largest marine reserve

Australia Has Wrapped Itself in Agenda 21

by G.A. Stewart III

Australia has effectively cut off access to more than 33% of its surrounding waters to demonstrate its submission to the United Nations' Agenda 21 and the Green Agenda just in time for the Rio+20 conference.
"It's time for the world to turn a corner on protection of our oceans," Mr Burke said. "And Australia today is leading that next step. 
"Australia has timed its announcement to coincide with the run-up to the Rio+20 Earth Summit - a global gathering of leaders from more than 130 nations to discuss protecting key parts of the environment, including the ocean, says the BBC's Duncan Kennedy.

But don't lament, because one of the industries that will suffer from this exclusion of access to the natural resources of Australia will be compensated by the Australian taxpayer. 
The fishing industry is set to receive hundreds of millions of dollars in compensation, reports say.
This appears to be a lose-lose situation for the citizens of Australia.  Their fishing industry takes a big hit, and then Australians have to compensate companies for the reduction of said industry.  Then, the reduction of the fishing industry will most likely have a negative impact on their overall national economy.
The fishing industry is Australia’s sixth most valuable food-based primary industry with a landed value of more than $2.1 billion a year. In addition more than 3.4 million Australians recreationally fish each year spending an additional $2.5 billion. (Source: http://www.frdc.com.au/fishingindustry/fishing-industry)


http://faultlineusa.blogspot.co.nz/2012/06/australia-has-wrapped-itself-in-agenda.html