As the pandemic dries up traditional revenue sources, some Pacific Island governments are considering diving into the unknown waters of deep sea mining.
Read MoreYou can read all the latest news and updates on the Cook Islands seabed minerals sector here.
The impact of carbon emissions from undersea mining hadn’t previously been assessed, writes Gerald McCormack, from the Natural Heritage Trust. He analyses the risk and advises a precautionary approach.
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By offering tenders for deep sea exploration the environmental risks of extracting minerals from the seabed will be able to be assessed, the Cook Islands government says. The government plans to open tenders for five-year, deep sea mining exploration licences at the beginning of next year. And while there have been concerns raised about the environmental impact of deep sea mining, the Deputy Prime Minister, Mark Brown, said the exploration phase would have a very low impact.
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Cook Island News | 19 November 2018 Before matters proceed to the point of no return, we the Iti Tangata need to ask whether mining will lead to riches or to our ruin. Should we allow our Government to jeopardise the main industry of our country that is the backbone of our national economy? Does […]
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