To engage in deep-sea mining or not to engage: what do full net cost analyses tell us?

If the full net cost of deep-seabed mining (DSM) is determined for different entities with a stake in DSM (e.g., countries, private companies, the public), would such analysis support DSM or not? We surveyed existing literature to lay the foundation for addressing this question. Although further wor...

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Main Authors: U. R. Sumaila, L. Alam, K. Pradhoshini, Temitope T. Onifade, Selma T. Karuaihe, P. Singh, Lisa A. Levin, R. Flint
Format: Article
Language:English
Published: Nature Portfolio 2023-11-01
Series:npj Ocean Sustainability
Online Access:https://doi.org/10.1038/s44183-023-00030-w
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author U. R. Sumaila
L. Alam
K. Pradhoshini
Temitope T. Onifade
Selma T. Karuaihe
P. Singh
Lisa A. Levin
R. Flint
author_facet U. R. Sumaila
L. Alam
K. Pradhoshini
Temitope T. Onifade
Selma T. Karuaihe
P. Singh
Lisa A. Levin
R. Flint
author_sort U. R. Sumaila
collection DOAJ
description If the full net cost of deep-seabed mining (DSM) is determined for different entities with a stake in DSM (e.g., countries, private companies, the public), would such analysis support DSM or not? We surveyed existing literature to lay the foundation for addressing this question. Although further work is needed before a conclusive determination can be made, preliminary findings suggest that DSM is unlikely to be appealing to most of the entities covered by this study if the full net cost of DSM is comprehensively considered.
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spelling doaj.art-470b30c287ec4f798e33cc1a903090b72023-11-12T12:10:42ZengNature Portfolionpj Ocean Sustainability2731-426X2023-11-01211410.1038/s44183-023-00030-wTo engage in deep-sea mining or not to engage: what do full net cost analyses tell us?U. R. Sumaila0L. Alam1K. Pradhoshini2Temitope T. Onifade3Selma T. Karuaihe4P. Singh5Lisa A. Levin6R. Flint7Fisheries Economics Research Unit, Institute for the Oceans and Fisheries, School of Public Policy and Global Affairs, The University of British ColumbiaFisheries Economics Research Unit, Institute for the Oceans and Fisheries, School of Public Policy and Global Affairs, The University of British ColumbiaUnit of Research in Radiation Biology & Environmental Radioactivity (URRBER), P.G. & Research Department of Zoology, The New College (Autonomous), Affiliated to University of MadrasUniversity of Bristol Law School, Faculty of Social Sciences and LawDepartment of Agricultural Economics, Extension and Rural Development, University of PretoriaResearch Centre for European Environmental Law, Faculty of Law, University of BremenCenter for Marine Biodiversity and Conservation and Integrative Oceanography Division, Scripps Institution of Oceanography, University of California, San DiegoDona Bertarelli Philanthropy, Ledunfly SAIf the full net cost of deep-seabed mining (DSM) is determined for different entities with a stake in DSM (e.g., countries, private companies, the public), would such analysis support DSM or not? We surveyed existing literature to lay the foundation for addressing this question. Although further work is needed before a conclusive determination can be made, preliminary findings suggest that DSM is unlikely to be appealing to most of the entities covered by this study if the full net cost of DSM is comprehensively considered.https://doi.org/10.1038/s44183-023-00030-w
spellingShingle U. R. Sumaila
L. Alam
K. Pradhoshini
Temitope T. Onifade
Selma T. Karuaihe
P. Singh
Lisa A. Levin
R. Flint
To engage in deep-sea mining or not to engage: what do full net cost analyses tell us?
npj Ocean Sustainability
title To engage in deep-sea mining or not to engage: what do full net cost analyses tell us?
title_full To engage in deep-sea mining or not to engage: what do full net cost analyses tell us?
title_fullStr To engage in deep-sea mining or not to engage: what do full net cost analyses tell us?
title_full_unstemmed To engage in deep-sea mining or not to engage: what do full net cost analyses tell us?
title_short To engage in deep-sea mining or not to engage: what do full net cost analyses tell us?
title_sort to engage in deep sea mining or not to engage what do full net cost analyses tell us
url https://doi.org/10.1038/s44183-023-00030-w
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