News: By Source
Although several countries, including Saudi Arabia and Sudan, have recently shown renewed interest in tapping mineral resources on the deep seabed, the costs of operating in the difficult environment deep waters pose will likely preserve subsea basins for a little while longer.
[ More ]Keywords:
"The Law of the Sea: Climate Change in the Arctic and Washington Weekly" — Bart Mongoven — Stratfor — March 29, 2007
The author notes that the strategic issues raised by Arctic warming and other resource issues are causing "entrenched interests aligned against the treaty" to rethink their position.
[ More ]