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#DeepSeaMining
Latest posts tagged with #DeepSeaMining on Bluesky
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Posts tagged #DeepSeaMining
#deepseamining
U.S. pushes ahead on deep-sea mining, apart from international rules : NPR share.google/thtRepeiR5g1...
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“ #deepseamining (DSM) carries significant environmental, social, economic and regulatory risks …
long … raised by scientists, governments, civil society and Indigenous and coastal communities. Increasingly, they are also being recognised by the financial sector”
seas-at-risk.org/publications...
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Examples of proposed seabed mining methods. Congressional Research Service, modification of Kathryn Miller et al., 2018
[8/8] L’ordre exécutif américain de 2025 visant l’exploitation de minerais hors juridiction nationale pourrait fragiliser cet équilibre juridique mondial. L’enjeu dépasse les ressources. Il concerne la gouvernance des océans et l’avenir des biens communs planétaires. #HGGSP #geography #deepseamining
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[1/8] Le juriste Coalter G. Lathrop (Univ Duke) analyse la ruée américaine vers les minerais critiques des fonds marins. Certaines initiatives américaines brouillent la distinction entre ressources nationales et ressources du patrimoine commun des océans.
#HGGSP #geography #deepseamining #USA
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At #ISA31, Council members debated whether unannounced inspections of #deepseamining operations should be allowed.
Many supported retaining this possibility to monitor compliance with the regulations, while others cautioned they could be difficult to implement
➡️ enb.iisd.org/internationa...
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At #ISA31, delegates debate inspection powers for #deepseamining activities, including whether inspectors should be able to conduct unannounced inspections. Some stress unannounced inspections are essential for effective oversight; others raise concerns about implementation. #oceangovernance #mining
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At #ISA31, Council members discuss the mandate of a proposed compliance committee, with several stressing it should not be limited to exploitation activities and should be clearly defined to avoid overlap with the Legal and Technical Commission. #deepseamining #oceangovernance
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"A moratorium would give the ISA time to collect sufficient scientific and baseline data to better inform the development of regulations and prevent irrevocable damage."
#DeepSeaMining 🦑
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As week one of #ISA31 Council draws to a close, members consider the regulatory elements of the draft exploitation regulations, focusing specifically on the rules for inspection of #deepseamining operations and compliance with the rules, regulations & procedures. #OceanGovernance #mining
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The embarrassment of the US in deep sea mining, as in so much else. "The Int'l Seabed Authority is overseeing the development of rules for international waters... The U.S. has opted out of the process and is moving ahead on its own." #ocean #deepsea #deepseamining #nature #climate #marinebiology
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#Tiefseebergbau #DeepSeaMining ⛏️🐙🐚🪸⛏️
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Deep-sea mining is losing its financial licence to operate.
Before the industry has even begun, financial institutions representing €24 trillion in assets have adopted policies restricting or opposing it.
🔗 Read the full report linktr.ee/nodeepseamin...
#DeepSeaMining #SustainableFinance
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At #ISA31, Council members agreed safeguards should be part of #deepseamining exploitation rules to prevent monopolization of deep seabed resources by contractors or affiliated companies, stressing the need for clear criteria and objective thresholds
➡️ enb.iisd.org/internationa...
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At #ISA31, Council members discuss the need to prevent monopolization in #deepseamining with broad support for including safeguards in the exploitation regulations. Members call for clear definitions & objective criteria, including re “significant control” & "market dominance." #oceangovernance
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What should contractors pay for mining the #seabed? At #ISA31, Council members discuss the payment system for #deepseamining contractors, including royalties, profit sharing arrangements & other financial contributions to the #ISA, as well as review of the system. #oceangovernance
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Day 4 of #ISA31 opens with Council President Mayank Joshi welcoming members as they turn to consideration of financial, regulatory and governance elements of the #deepseamining regulations. #oceangovernance #mining
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#deepseamining
A 4 skeet thread from @miriamgoldstein.bsky.social
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26 banks now have a stated policy, commitment or concern about #DeepSeaMining, with Commerzbank being the latest. See the new report 👇
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At #ISA31, Council members consider including a profit share on transfers of rights under #deepseamining contracts. Many support the idea, noting significant capital gains may arise from such transfers & the #ISA should share in benefits from the #seabed which is the common heritage of humankind.
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#ISA31 Council members discuss the regulation on an "equalization measure," which aims to ensure #deepseamining contractors pay a similar effective tax rate to land-based mining regardless of tax exemptions provided by sponsoring states. #oceangovernance #mining
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At #ISA31, Council members listen to a presentation by @thomaslassourd.bsky.social on the updated fiscal model for a system of payment for #deepseamining, developed by the Intergovernmental Forum on Mining, Minerals, Metals & Sustainable Development. #OceanGovernance #mining
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#DeepSeaMining is a financial, ecological and social risk technology!
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💥 Out today: #DeepSeaMining, which has not even started, is already struggling to secure finance.
As governments meet at the International Seabed Authority, the signal is clear. 🌊 Governments should follow the markets.
#DefendTheDeep #Moratorium
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Thank you, @enb.iisd.org, for your daily coverage of the ISA meetings where nations negotiate the rules and regs for #DeepSeaMining.
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💰🌊 #DeepSeaMining is losing its financial licence to operate.
82 financial institutions managing €24T have adopted policies restricting or raising concerns about it.
Finance is recognising what science warned: this is a high-risk industry.
📄 Read the report: seas-at-risk.org/publications...
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Environmental safeguards were the focus Tuesday at #ISA31, as Council members sought to streamline text on ensuring effective protection of the marine environment from harmful effects that may arise from #deepseamining activities
Read ➡️ enb.iisd.org/internationa...
#mining
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#ISA31 Council members work to streamline draft text to ensure contractors have clear guidance on meeting environmental management & monitoring obligations set out in Environmental Management and Monitoring Plans (EMMPs). #deepseamining #oceangovernance
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At #ISA31, the Council continues discussing draft rules on environmental management & monitoring for #deepseamining, with members considering issues such as how often environmental data from #mining activities should be submitted. #oceangovernance
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