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Deep-sea mining: Curse or cure?

The Real Story

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The International Seabed Authority Is Not Equipped to Monitor Compliance With the Terms of Any Contract

The International Seabed Authority is not equipped to discharge its functions under the UN Convention on the Law of the Sea. There is no current inspectorate, and there's no clear plan to develop an inspectorate function with anything near the funding that would be required for such monitoring. I heard Mr. Barron say that UN Convention doesn't allow for a precautionary pause. The predominance of opinion on that question is of course it allows for a precautionial pause. But we don't know what companies will be doing once they're there because there's a very difficult environment to monitor.

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