If ratified by Congress, it will grant a Kingston, Jamaica-based International Seabed Authority (ISA) the power to regulate deep-sea oil exploration, seabedmining, and fishing rights.
If approved, it will grant a Kingston, Jamaica-based International Seabed Authority (ISA) the power to regulate deep-sea oil exploration, and seabedmining.
But many marine scientists and conservationists have warned that the implications of this deep-sea gold rush are not yet understood - and that mining nodules or hydrothermal vents could prove catastrophic for seabed ecology.