Recently China passed the country's first law on deep seabed mining that is designed to protect the marine environment and ensure sustainable exploitation of its mineral resources. Now, did Papua New Guinea do this before allowing Experimental Seabed Mining in the Bismarck Archipelago? Here ramunickle writes briefly on China's law on deep seafloor mining.
China Passes Seafloor Mining Law
by ramunickel
|
Unlike
PNG, China has put a law in place to regulate Experimental Seabed Mining BEFORE
licensing any operations - common sense really!
The Maritime Executive | 27.02.2016
On Friday, China passed the country's
first law on deep seafloor mining. The law is designed to protect the maritime
environment and ensure sustainable exploitation of its mineral resources.
Xinhua reports that the law stipulates
that exploration and development should be peaceful and cooperative, in
addition to protecting the maritime environment and safeguarding the common
interests of mankind.
Prospectors must submit their plans to
a Chinese maritime watchdog and must include environmental impact assessments
in those plans. Only after the regulator approves the plans can application be
made to the International Seabed Authority.
Deep sea project operators must have an
emergency response mechanism and report immediately to authorities if an
emergency occurs. If their activities result in pollution, they can be fined up
to one million yuan ($153,000).
Operators are also required to take
measures to preserve maritime ecosystems and biodiversity.
The new legislation
will come into force on May 1, and it also mandates the government to formulate
plans and promote research and surveys of resources.

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