Our mission is to protect the habitat of Puget Sound tidelands from the underregulated expansion of new and intensive shellfish aquaculture methods. These methods were never anticipated when the Shoreline Management Act was passed. They are transforming the natural tideland ecosystems in Puget Sound and are resulting in a fractured shoreline habitat. In South Puget Sound much of this has been done with few if any meaningful shoreline permits and with limited public input. It is exactly what the Shoreline Management Act was intended to prevent.

Get involved and contact your elected officials to let them you do not support aquaculture's industrial transformation of Puget Sound's tidelands.

Governor Inslee:

Thursday, July 9, 2015

Uh-oh: What will happen when China's economy implodes?

Market problems: "...there is growing concern that that the slowdown in Chinese construction, and economic growth more generally, will be much more dramatic than previously expected."
Labor problems: "...on-going friction between purchasers and divers has further disrupted the [geoduck] market..."
DNR, June 2015 Quarterly Economic and Revenue Forecasts


Is a 30% loss - in 3 weeks - significant?
Chinese Shanghai Composite, 2015

Banks artificially propping up stock prices
has been tried before.
Will it be different this time in China?

You promised I could buy an Audi R8
if I leased my tidelands to you.
My bad.

 I also forgot to tell you, you'll
have to clean up after me. I'm 
taking my money to Alaska.
Look at all that "structure."

There is no moral risk for geoduck farmers who lease tidelands. Geoduck prices, artificially propped up because DNR refuses to replant their subtidal acres harvested of geoduck, does not result in a sustainable market, any more than the blind faith Chinese investors have placed in a popped stock market bubble will be maintained by banks propping up prices in a falling market.

No comments:

Post a Comment