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Mining companies argue that harvesting minerals from the sea bed instead of land is cheaper and has less of an impact, avoiding a “host of environmental and social issues,” according to UK ...
Companies including Samsung and BMW also have pledged to avoid using minerals mined from the deep sea. “Sea mining is one of the key environmental issues of our time, and this is because the ...
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The United Nations Convention on the Law of the Sea (UNCLOS) outlines general duties for states to safeguard the marine environment (Articles 145, 192) and specifies in Article 206 that planned activities with the potential to cause significant harm must undergo an assessment of their potential effects, with findings duly reported. [10]
Known oil and gas fields in federal waters, offshore California (Minerals Management Service) Offshore oil and gas in California provides a significant portion of the state's petroleum production. Offshore oil and gas has been a contentious issue for decades, first over the question of state versus federal ownership, but since 1969 mostly over ...
The International Seabed Authority is working to set regulations for deep-sea mining as companies engaged in the clean energy transition clamor for more minerals. The seafloor, especially in parts ...
TMC the metals company Inc., [1] doing business as The Metals Company, formerly DeepGreen Metals, is a Canadian deep sea mining exploration company. [2] The company focuses on the mining of polymetallic (nickel, copper, cobalt and manganese) nodules [ 3 ] [ 4 ] in the Clarion Clipperton Zone of the Pacific.
A U.N. agency tasked with regulating the deep sea is debating whether to open the Earth’s watery depths to countries and companies that as of Monday were allowed to start applying for ...