Legalising rhino horn trade is misguided: iLIVE

This is in response to Saresha’s article about legalising trade in rhino horn.

The pro-trade lobby has tried to justify rhino horn trade in economic terms.

These justifications are based on flawed and dangerous assumptions and often proposed by those with a vested financial interest in trade.

Legalising trade will prevent poaching
On the contrary, legalising trade has the potential to increase poaching to unsustainable levels by increasing demand and potentially even raising prices which will see a decline in rhinoceros populations.

At face value, legalising trade could bring much needed funding to South African National Parks and reserves.

Notwithstanding the real risks and unintended consequences it would be morally reprehensible, highly irregular and irresponsible to promote trade at anytime into the foreseeable future before other more sustainable sources of revenue are thoroughly investigated.

Demand will remain stable
Advocates of legalised trade predict that free trade will increase supply to such an extent that prices will drop. This prediction relies on a dangerous assumption that demand will not grow significantly in the future and that there is enough horn to satisfy demand.

When illegal markets are legalised, new consumers enter the market thereby increasing demand, possibly even raising prices.

The incentive to cease illegal trade fails when prices rise. The truth is, demand data is inaccurate or unknown, and arguments about lowering prices by increasingly supply only hold true if demand is predictable.

All trade will be legal
Advocates of trade suggest that legal rhino horn sold through a Centralised Selling Organisation (CSO) will eradicate illegal trade on the black market. However, restrictions on market participants and the quantities sold will drive those excluded from legal horn trade underground.

The black market will not be subject to any taxes and /or levies and will thus enjoy greater profitability. The notion that legalizing trade will eliminate illegal trade displays an ignorance of how organised crime works and is naïve at best.

On this basis alone any formal consideration of legalised trade is misguided, dangerous and could lead to increased demand and, ultimately, the extinction of the rhinoceros in the wild.