Summary
This regulation implements the Endangered Species Act for marine species under NMFS jurisdiction. It governs taking, possession, transport, and trade of endangered/threatened wildlife and plants, defines hundreds of technical terms for fishing gear and regulated areas, mandates specific equipment like turtle excluder devices, establishes critical habitat designations, creates permit systems with burdensome requirements, preempts state law, and sets up cooperative agreements with states for conservation funding. The regulation heavily restricts commercial fishing activities in both state and federal waters.
Reason
The regulation imposes crushing compliance costs that fall disproportionately on small fishing businesses—gear modifications, restricted areas, permit requirements, and complex rules create $ billions in hidden taxes while raising seafood prices for consumers. It violates constitutional federalism by commandeering state waters and preempting state law under an expansive Commerce Clause theory. The 'take' definition is impossibly broad, creating liability for ordinary fishing activities and encouraging perverse incentives like preemptive habitat destruction. Regulatory capture is endemic: large commercial operations absorb costs better than small competitors, raising barriers to entry. The unseen costs—lost fishing jobs, suppressed innovation in gear technology, reduced seafood supply, and destroyed property values in designated critical habitats—far outweigh the uncertain conservation benefits that could be achieved more efficiently through state management, market-based conservation easements, or clearer property rights.