Trump Pushes Forward with Deep-Sea Mining Amid Global Concerns

IO_AdminUncategorized3 months ago54 Views

Quick Summary

  • President donald Trump issued an executive order to fast-track applications for deep-sea mining, aiming to make the U.S. a global leader in the industry.
  • The policy focuses on creating a domestic supply chain for critical minerals derived from seabed resources and emphasizes national security concerns related to China’s dominance in this area.
  • Mining companies are eager to extract cobalt,manganese,and nickel from the ocean floor for batteries but face criticism over potential environmental harm and risks to fisheries relied upon by Pacific communities.
  • Indigenous advocates such as Solomon Kahoʻohalahala have expressed concern about the long-term consequences of seabed mining practices.
  • Companies like Metals Company and Unfeasible Metals have sought U.S.-based approval due to delays in regulations from the United Nations’ International Seabed Authority.
  • Environmental groups like Center for Biological Diversity argue that fast-tracking ignores international efforts prioritizing environmental preservation and advocate protecting deep-ocean ecosystems.

Indian Opinion Analysis

India has yet to significantly enter or regulate deep-sea mineral extraction, but developments led by nations like the U.S.,especially through expedited policies,could hold notable implications. As demand rises globally for critical minerals essential to future technologies such as electric vehicles and renewable energy, India will need strategic approaches addressing both resource dependency on imports (particularly from China) and its own growing economic needs.

Potential challenges lie in balancing environmental protection with technological advancement; similar controversies faced internationally underscore concerns relevant across all economies engaging this industry-including India’s potential maritime claims or partnerships under UNCLOS frameworks (United Nations Convention on Law sea).

While not a direct participant yet geopolitically toward overall unfolding-scenario repercussions continual monitoring-by policymakers-critical-align sustainable-focused international long-term management-resource trusteeship balances needed safeguarding interest generations UN systems Read More: link

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