The $500,000 (€345,330) grant from the foundation of the family that founded Wal-Mart moved the fisheries trust, the investment division of the Cape Cod Commercial Hook Fishermen's Association, toward its capitalization goal of $10 million (€6.9 million) for the purchase of scallop and groundfish permits. And according to the Dec. 4 announcement, the trust had raised $2 million (€1.4 million) toward that end.
The previous week, the council on a 10-7 vote on the motion of EDF senior staffer and councilor Sally McGee, decided to hold the scallop harvest for 2010 to a total catch millions of pounds shy of the amount the independent Science and Statistical Committee and the Plan Development Committee said would be viable.
After
