In order to move away from fossil fuels, we need large numbers of magnets and batteries to capture and store renewable energy. To manufacture said equipment, substantial quantities of metals and rare earth elements (REE) are required. The question is, where should these metals come from? Are terrestrial reserves sufficient, or is it time to add marine resources to the mix?
Forfatter: Mariel Reitsma
Whilst a lot of work is currently being done to formulate a mining code for the exploitation of deep-sea minerals in international waters, the call to ban metal extraction from the High Seas is just as loud. A multitude of governments and tech companies are in support of this.
The national Oceanic and Atmospheric Administration (NOAA), an agency within the US Department of Commerce, recently updated regulations regarding seabed mineral exploration and commercial recovery. The…