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The Atlantic fishery abruptly collapsed in 1993, following overfishing since the late-1950s, and an earlier partial collapse in the 1970s. [1] It is expected to recover to historical, sustainable levels by 2030. [2] In 1992, Northern Cod populations fell to 1% of historical levels, due in large part to decades of overfishing. [3]
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The 2006 Northwest Atlantic cod quota is set at 23,000 tons, representing half the available stocks, while it is set to 473,000 tons for the Northeast Atlantic cod. The Pacific Cod is currently suffering due to a strong global demand. The 2006 TAC for the Gulf of Alaska and Bering Sea Aleutian Islands was set at 260,000,000 kg (574 million pounds).
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The concern about overexploitation, while relatively recent in the annals of modern environmental awareness, traces back to ancient practices embedded in human history. Contrary to the notion that overexploitation is an exclusively contemporary issue, the phenomenon has been documented for millennia and is not limited to human activities alone.