The Council finished up C6 Charter Halibut RQE. They are recommending this policy return for another Initial Review with a changed Purpose and Needs statement and refined Alternatives. The following is what we will see in the next analyses of the Charter Halibut RQE: New Purpose and Needs: Alaska’s guided halibut anglers have seen recent increases in regulatory restrictions due to declining halibut stocks and guided recreational allocations. A market-based mechanism for the guided halibut recreational sector may be an effective means to supplement their annual allocations. Allowing an RQE (Recreational Quota Entity) to hold a limited amount of commercial halibut QS on behalf of guided recreational halibut anglers under a “willing seller and willing buyer” approach may result in less Read more…