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Race to the bottom: the disastrous blindfolded rush to mine the deep sea

Watts, Jonathan
http://www.europe-solidaire.org/spip.php?article59639

Publisher:  Europe Solidare
Date Written:  27/09/2021
Year Published:  2021  
Resource Type:  Article

The island republic of Nauru has informed the International Seabed Authority (ISA) of its intention to start mining the seabed in two years' time via a subsidiary of a Canadian firm, The Metals Company (TMC, until recently known as DeepGreen).

Abstract: 
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Excerpt:

Mining has often proved a trade based on imported resources and exported risk. In recent decades, this trade-off has come into question as scientific knowledge of the consequences has advanced. Environmental concerns have prompted calls for stricter regulation. But, oversight, if it exists at all, is often shaped by those who stand to benefit in the short term rather than those left to clean up the mess. And mines are moving further from power centres, which means less likelihood of Nimby protests, media coverage, challenges by conservationists or legal redress.

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