US companies cannot secure rights to build offshore wind platforms until US ratifies UNCLOS

Currently, proposed offshore wind projects are located within the territorial waters. But as technology improves and the incentives for wind power increase, installations will be pushed further offshore into what would be the EEZ. But before such development can be contemplated, UNCLOS must be implemented to secure the rights to develop wind power and provide clarity in the law that governs such sites. The rights currently enjoyed by the United States to its continental shelf are not sufficient to adequately protect the exclusive and positive right to develop offshore wind projects in those waters. But ratification of UNCLOS will guarantee U.S. rights to develop the EEZ.