![]() ![]() The technology and corporations behind seabed mining pay little regard to a vast array of environmental concerns, challenging the limited international institutions designed to regulate activities on the ocean floor. Similar events in the past illustrate the potential pitfalls and consequences for deep seabed mining. The current patchwork of permits and regulations will give way to a comprehensive Seabed Mining Code to be signed as early as this year, but the mining industry may be too far along in its development and too ingrained into international institutions for regulation to be effective. The technology to mine these minerals has just entered the mainstream, but the rules governing deep seabed mining have yet to be written. Thousands of kilometers underwater, up to one trillion dollars worth of minerals-gold and diamonds, in addition to vast quantities of cobalt, zinc, and metals required for industry-lies on or beneath the ocean’s seabed.
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