Extending the quota system to catch other polluters would also add volume and liquidity.

ECONOMIST: Buttonwood

The EU ministers stuck to their planned quota for cod - reducing the catch by nearly half for 2001.

BBC: News Online

The commission has suspended catch composition rules so fishermen can land their haddock quota as it is caught.

BBC: European Commission suspends haddock discard rules

Finally, in 1993, Japan, Australia and New Zealand devised a quota system that allows the trawlers to catch a set amount of southern bluefin in the wild and not one tuna more.

FORBES: The Future Is Fish

The Faroe Islands, midway between Britain and Iceland, got in on the act and trebled their quota to 85, 000 tonnes, pushing the total catch way above the ICES limit.

ECONOMIST: Mackerel wars: Overfished and over there | The

This year's quota: 14, 030 tons, of which Australia is allowed to catch 5, 265.

FORBES: The Future Is Fish

The rules limit the percentage of a given species within the catch, meaning boats had to discard fish even though they had not met their quota.

BBC: European Commission suspends haddock discard rules