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...
Main Authors: | , , , , , , , |
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Format: | Article |
Language: | English |
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Nature Portfolio
2023-11-01
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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. |
first_indexed | 2024-03-11T11:06:25Z |
format | Article |
id | doaj.art-470b30c287ec4f798e33cc1a903090b7 |
institution | Directory Open Access Journal |
issn | 2731-426X |
language | English |
last_indexed | 2024-03-11T11:06:25Z |
publishDate | 2023-11-01 |
publisher | Nature Portfolio |
record_format | Article |
series | npj Ocean Sustainability |
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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