€16 Billion Disaster: Study Slams Bottom Trawling as Economic Failure Across Europe

Post date: April 30, 2026 · Discovered: April 30, 2026 · 3 posts, 11 comments

A *Ocean & Coastal Management* study pegs the net societal cost of bottom trawling in European waters up to €16 billion annually. This massive figure dwarfs the industry's estimated profit of €180 million. Costs include a staggering €1.17 billion in subsidies to European taxpayers and hundreds of millions wasted from discarded catch.

The conflict boils down to valuation. Researchers and experts like Professor Enric Sala argue that ignoring massive societal costs—like CO2 from burning fuel and damaging seafloor carbon—renders the practice an 'economic failure.' Conversely, proponents insist that industry revenue is the only valid metric for assessment. Meanwhile, Jerry Percy noted that small-scale fishers prove feeding communities sustainably does not require destroying spawning grounds.

The overwhelming weight of expert analysis points to the current industrial model being economically unsustainable. The consensus, backed by policy shifts like Greece banning trawling in MPAs by 2030, is that current cost-benefit analyses must incorporate ecological and carbon damage, not just narrow market profits.

Key Points

#1Societal cost vastly outweighs profit.

The study calculates the net cost is up to €16 billion, compared to the industry's €180 million profit.

#2Economic metrics are incomplete.

Rashid Sumaila insists cost-benefit analyses must move beyond narrow market metrics to include the full scope of economic theory.

#3Ecological damage counts as cost.

The largest single cost cited is the social cost of CO2 emissions from disturbing centuries-old carbon in the seafloor sediments.

#4Small-scale alternatives exist.

Jerry Percy points to small-scale fishers proving communities can be fed sustainably without ecological damage.

#5Policy is signaling change.

Kyriakos Mitsotakis (Greek PM) committed to banning bottom trawling in Greek MPAs by 2030, calling it transformative.

Source Discussions (3)

This report was synthesized from the following Lemmy discussions, ranked by community score.

37
points
Europe's seafloor fishing looks profitable until societal costs turn the math upside down
[email protected]·7 comments·4/30/2026·by Trying2KnowMyself·phys.org
32
points
Europe's seafloor fishing looks profitable until societal costs turn the math upside down
[email protected]·3 comments·4/30/2026·by Trying2KnowMyself·phys.org
5
points
Europe's seafloor fishing looks profitable until societal costs turn the math upside down
[email protected]·1 comments·4/30/2026·by Trying2KnowMyself·phys.org