Jan. 27, 2025

Deep Sea Mining: What Happened In 2024?

Deep Sea Mining: What Happened In 2024?

Deep sea mining: what happened in 2024? You need to know about the industry activity that occurred in 2024. The was a leadership change in the International Seabed Authority (ISA), Norway was going to explore deep sea mining, but didn't, and why my...

Deep sea mining: what happened in 2024? You need to know about the industry activity that occurred in 2024. The was a leadership change in the International Seabed Authority (ISA), Norway was going to explore deep sea mining, but didn't, and why my guest, Dr. Andrew Thaler won't sign on to approved deep sea mining as it is written.

In the podcast episode, host Andrew Lewin and Dr. Andrew Thaler discuss significant developments in the deep sea mining industry throughout 2024. Here are the key activities and events highlighted:

  • Norway's Exploration Plans: At the beginning of 2024, Norway announced plans to issue exploration permits for deep sea mining of inactive hydrothermal vents in its national waters. This decision surprised many, given Norway's strong environmental stance. However, by December 2024, due to political negotiations and pressure from smaller parties in parliament, Norway scrapped these plans.
  • International Seabed Authority (ISA) Leadership Change: A major shift occurred with the election of Letitia Carvalho as the new Secretary General of the ISA, replacing Michael Lodge, who had been pro-mining. Carvalho, an oceanographer and former UNEP official, is expected to bring a more science-based and environmentally conscious approach to the ISA's negotiations and policies regarding deep sea mining.
  • Ongoing Negotiations: The ISA has been working on a unitary mining code that covers all types of deep sea mining, including polymetallic nodule mining, hydrothermal vent mining, and seamount mining. Dr. Thaler expressed concerns that this approach could allow the worst forms of mining to proceed alongside potentially less harmful practices.
  • Environmental Concerns: The episode emphasizes the environmental implications of deep sea mining, particularly the irreversible damage that could result from mining hydrothermal vents, which are unique ecosystems. The discussion also touches on the potential for new research, such as the "dark oxygen" study, which suggests that polymetallic nodules may play a role in oxygen production in deep sea environments.
  • Geopolitical Factors: The episode highlights the geopolitical motivations behind deep sea mining, particularly for countries like the U.S., which is looking to secure access to critical minerals amid tensions with China. This has led to discussions about refining polymetallic nodules in the U.S. to enhance resource independence.
  • Technological Advancements: Dr. Thaler notes that advancements in battery technology, such as solid-state and sodium batteries, may reduce the demand for metals sourced from deep sea mining, potentially impacting the industry's future viability.

Overall, 2024 was a tumultuous year for deep sea mining, marked by significant political shifts, ongoing debates about environmental impacts, and evolving technological landscapes.

Helpful Links: 1) Southern Fried Science: https://www.southernfriedscience.com/deep-sea-mining-what-went-down-in-2024/ 
2) Deep Sea Mining Leadership Change: https://youtu.be/cq7VaQDk_Wc
3) Dark Oxygen in the Deep Sea: https://youtu.be/Sc3gu3gHHOY

Follow a career in conservation: https://www.conservation-careers.com/online-training/ Use the code SUFB to get 33% off courses and the careers program.
 
Do you want to join my Ocean Community?
Sign Up for Updates on the process: www.speakupforblue.com/oceanapp
 
Sign up for our Newsletter: http://www.speakupforblue.com/newsletter
 

 

 

Transcript
1
00:00:00,609 --> 00:00:04,030
2024 for deep sea mining was a crazy year. So

2
00:00:04,430 --> 00:00:07,731
much happened. Norway started to

3
00:00:08,051 --> 00:00:11,292
deep sea mine. They were exploring to deep sea mine. Then all of a sudden they're not doing

4
00:00:11,312 --> 00:00:14,853
it anymore. What happened? There was a change in leadership with

5
00:00:14,873 --> 00:00:18,255
the ISA. What happened? All this stuff happened, but

6
00:00:18,295 --> 00:00:21,716
we didn't really know how it all happened. So actually, Dr. Andrew

7
00:00:21,736 --> 00:00:24,978
Thaler, who's been on the podcast before to talk about deep sea mining, contacted me

8
00:00:24,998 --> 00:00:28,139
and said, hey, Andrew, do you want to talk about deep sea mining and everything that happened in

9
00:00:28,600 --> 00:00:31,781
2024? Because so much happened. I want to talk about it. I

10
00:00:31,821 --> 00:00:35,143
said, absolutely. Let's have you on the podcast. So today we're going to be talking about

11
00:00:35,183 --> 00:00:38,624
deep sea mining. What happened in 2024? The good, the bad and the ugly. We're going

12
00:00:38,644 --> 00:00:41,926
to talk about it on today's episode of How to Protect the Ocean podcast. Let's start

13
00:00:41,966 --> 00:00:46,491
the show. Hey

14
00:00:46,511 --> 00:00:49,753
everybody, welcome back to another exciting episode of the How to Protect the Ocean podcast. I'm

15
00:00:49,773 --> 00:00:52,934
your host, Andrew Lewin, and this is the podcast where you find out what's happening with the ocean, how

16
00:00:52,954 --> 00:00:56,216
you can speak up for the ocean, and what you can do to live for a better ocean by

17
00:00:56,276 --> 00:00:59,737
taking action. On today's episode, we're going to be talking about

18
00:00:59,777 --> 00:01:03,199
deep sea mining and everything that happened in the last year. So much has happened.

19
00:01:03,519 --> 00:01:06,880
that Dr. Andrew Thaler, a good friend of mine, is coming on the podcast to talk

20
00:01:06,940 --> 00:01:10,160
about it today. And we're going to find out much more about it. But if you want to know

21
00:01:10,180 --> 00:01:13,361
a lot of stuff about the ocean and you don't know where to go, this is

22
00:01:13,381 --> 00:01:17,142
your resource. Not only is this podcast a resource, but you can go over to our website at

23
00:01:17,162 --> 00:01:20,282
speakupforblue.com and check it out. And you'll find all of

24
00:01:20,342 --> 00:01:23,863
our old episodes. We have over 1,700 episodes

25
00:01:23,923 --> 00:01:27,204
up there. Other podcasts that deal with wildlife and oceans and

26
00:01:27,264 --> 00:01:30,725
sharks and marine mammal veterinary stuff

27
00:01:30,765 --> 00:01:33,945
and veterinary stuff for the ocean. There's so much stuff that goes on there.

28
00:01:34,305 --> 00:01:37,687
You want to check it out, go to speakupforblue.com. And if you want some of that information to

29
00:01:37,727 --> 00:01:41,188
come to your inbox Monday to Friday at 8 a.m. Eastern, you can do that by

30
00:01:41,248 --> 00:01:45,049
going to speakupforblue.com forward slash newsletter and

31
00:01:45,129 --> 00:01:48,550
just putting in your email. I don't share your email with anybody. It's free to join

32
00:01:48,850 --> 00:01:52,291
and you get that newsletter to your inbox Monday to Friday at 8 a.m. Eastern.

33
00:01:52,731 --> 00:01:56,233
Let's start the show. Today we've got Dr. Andrew Thaler who's talking

34
00:01:56,394 --> 00:01:59,716
about deep sea mining. All the stuff that happened.

35
00:01:59,776 --> 00:02:03,118
We're going to be talking about what's the best type of deep sea mining. Not necessarily the

36
00:02:03,178 --> 00:02:07,081
best, but what's the least impactful deep sea mining activity

37
00:02:07,121 --> 00:02:10,563
that we can do. And why does Andrew Thaler not

38
00:02:10,723 --> 00:02:14,465
want to sign on to this agreement

39
00:02:14,805 --> 00:02:17,947
and say, hey, you know, this is good to agreement. What's the problem here? What's going

40
00:02:17,967 --> 00:02:21,689
to happen? He's going to talk about that as well. We're going to talk about the dark oxygen

41
00:02:22,050 --> 00:02:25,372
story that came out and what is coming up with that. What's new

42
00:02:25,532 --> 00:02:28,954
with that? And if it's legitimate, if it's still new research, is

43
00:02:28,994 --> 00:02:32,776
it, you know, some more research needs to be done. We're going to find out about a lot of stuff on

44
00:02:32,796 --> 00:02:36,138
this episode. So here is the interview with Dr. Andrew Thaler talking

45
00:02:36,158 --> 00:02:39,260
about deep sea mining in 2024. Enjoy the interview and we'll talk to

46
00:02:39,300 --> 00:02:42,547
you after. Hey Andrew, welcome back to the How to Protect the Ocean

47
00:02:50,964 --> 00:02:54,266
It has been, and we've been trying to cover it. I

48
00:02:55,047 --> 00:02:58,289
cited a lot of the stuff from our last interview that

49
00:02:58,329 --> 00:03:01,611
you did, where you came in and you talked about deep sea

50
00:03:01,651 --> 00:03:04,833
mining and where it was at, and you talked about the newsletter and

51
00:03:04,853 --> 00:03:07,935
the magazine that you did, and all the work that you've done, and we talked about a

52
00:03:07,995 --> 00:03:11,727
history of deep sea mining and stuff. And now, that

53
00:03:11,787 --> 00:03:14,970
last meeting was quite interesting. And even

54
00:03:14,990 --> 00:03:18,753
the meeting after that was quite interesting. So the last two meetings were quite interesting. And

55
00:03:19,834 --> 00:03:23,076
you called me up and you're like, hey, Andrew, let's talk some

56
00:03:23,096 --> 00:03:26,279
DC buy. Let's talk some updates from 2024 and what to expect from 2025. And I was like,

57
00:03:26,319 --> 00:03:29,601
you know what? My audience

58
00:03:29,721 --> 00:03:33,384
loves to hear about deep sea mining, because I think a lot of us are petrified about

59
00:03:33,424 --> 00:03:36,586
what's happening. And there's a lot of news out there. There's a lot of stuff that goes

60
00:03:36,706 --> 00:03:39,988
on. It's really difficult to kind of filter through some

61
00:03:40,008 --> 00:03:43,451
of the stuff that's real, some of the stuff that's not real, and what's happening, and getting updates.

62
00:03:43,651 --> 00:03:46,813
Because it seems like it's changing quite a bit. So we're going to get into

63
00:03:46,893 --> 00:03:50,175
all that. But just to remind some of the audience who

64
00:03:50,215 --> 00:03:53,397
are new to this podcast who you are and what

65
00:03:54,278 --> 00:03:57,459
All right. So hello, everybody. I am Andrew Thaler. I

66
00:03:57,499 --> 00:04:00,921
am a deep sea ecologist and a high seas policy expert. And

67
00:04:01,001 --> 00:04:04,622
my work focuses on how humans use technology to

68
00:04:04,722 --> 00:04:08,164
explore and exploit the ocean, especially the most

69
00:04:08,244 --> 00:04:11,385
remote parts of the ocean. So I have done a lot of work with deep

70
00:04:11,405 --> 00:04:14,506
sea mining over the years. I've been in

71
00:04:14,546 --> 00:04:18,007
the industry in some sort of fashion for almost 15 years

72
00:04:18,047 --> 00:04:23,068
now, maybe even more, 17 years. I

73
00:04:23,129 --> 00:04:26,810
have been out on deep sea mining vessels. I have worked on environmental impact

74
00:04:26,850 --> 00:04:29,990
assessments for deep sea mining proposals. I

75
00:04:30,050 --> 00:04:33,331
have run the Deep Sea Mining Observer, which was the trade journal that covers

76
00:04:33,351 --> 00:04:36,592
the industry. I have worked

77
00:04:36,632 --> 00:04:39,953
with NGOs who are trying to find ways

78
00:04:39,973 --> 00:04:43,275
to stop deep-sea mining, find ways to stop certain kinds of deep-sea mining,

79
00:04:43,635 --> 00:04:47,297
find ways to make deep-sea mining more responsible and more sustainable,

80
00:04:48,217 --> 00:04:51,899
or find ways to just advise on creating the best possible policy

81
00:04:52,279 --> 00:04:55,520
surrounding deep-sea mining. So I have been in the thick

82
00:04:55,540 --> 00:04:58,622
of it from just about every angle you can think of, and it

83
00:04:58,662 --> 00:05:02,421
has been a wild ride. And

84
00:05:02,521 --> 00:05:05,684
I will tell you what I told people in 2008, which is

85
00:05:09,547 --> 00:05:12,910
Yes. That's what we talked about. And I remember when we

86
00:05:13,030 --> 00:05:16,152
first discussed this, it was really far away. It was

87
00:05:16,192 --> 00:05:19,355
like, will this ever happen? I think last time we discussed this, I

88
00:05:19,395 --> 00:05:23,698
think it was at IMCC 2016. That sounds about

89
00:05:23,899 --> 00:05:27,762
right. In Newfoundland. And you were like, probably won't happen till about 2030, to

90
00:05:27,802 --> 00:05:31,845
be honest, like from the technology perspective and the policy perspective. And

91
00:05:31,885 --> 00:05:35,368
we're almost there. And I think it might be a little delayed just

92
00:05:35,408 --> 00:05:38,871
a little bit longer. But there's a lot of scary things going

93
00:05:38,972 --> 00:05:42,515
on, a lot of things that are being said, a lot of things that are happening

94
00:05:42,615 --> 00:05:45,797
where I believe it was Denmark that went out to do some

95
00:05:47,719 --> 00:05:50,962
Norway, sorry, Norway, Denmark's on my mind these days

96
00:05:50,982 --> 00:05:54,426
with Greenland, but Norway that decided to go out and do some exploration, and

97
00:05:54,466 --> 00:05:57,569
a couple of other countries that are dabbling in it. So I

98
00:05:57,609 --> 00:06:00,712
think people are wondering, is it okay for countries to

99
00:06:00,752 --> 00:06:04,216
go out, from a legal perspective, are

100
00:06:04,236 --> 00:06:07,479
they allowed to go out and do it, and in what situation are

101
00:06:07,499 --> 00:06:11,103
they allowed, under what context are they allowed to go and do the exploration?

102
00:06:11,727 --> 00:06:14,930
All right, so that is a great question. Let's start with Norway, because Norway is

103
00:06:14,970 --> 00:06:18,173
kind of like an encapsulation of the last year of deep sea

104
00:06:18,193 --> 00:06:23,638
mining. Beginning of January 2024, Norwegian

105
00:06:23,658 --> 00:06:27,602
parliament comes out and says, we are going to begin issuing exploration

106
00:06:27,642 --> 00:06:31,245
permits for deep sea mining of inactive hydrothermal

107
00:06:31,325 --> 00:06:34,428
vents in our national waters. Countries can do

108
00:06:34,468 --> 00:06:37,650
whatever they want in their national waters depending on their own laws The

109
00:06:38,090 --> 00:06:41,452
big regulations and restrictions are what's happening in international waters

110
00:06:41,512 --> 00:06:44,914
But in national waters, it's national law, so every country's

111
00:06:44,934 --> 00:06:48,056
got its own rule set They can do what they want Norway said we're going to start

112
00:06:48,076 --> 00:06:51,358
issuing exploration permits That surprised a

113
00:06:51,398 --> 00:06:54,740
lot of people because Norway has been, you know, they're a huge offshore

114
00:06:54,800 --> 00:06:58,843
oil and gas producer But they're also a very strong environmentally conscientious

115
00:06:59,323 --> 00:07:03,066
society So there was quite a bit of pushback

116
00:07:03,106 --> 00:07:06,710
from that. It looked for a while like Norway was going to move forward. And

117
00:07:06,730 --> 00:07:10,113
then in December, as the Norwegian parliament was

118
00:07:10,193 --> 00:07:15,037
brokering a deal for their budget for the next year, one

119
00:07:15,057 --> 00:07:18,320
of the stipulations from one of the smaller parties in their parliament that

120
00:07:19,201 --> 00:07:22,584
they needed to get the votes to get their budget done, one of their stipulations was,

121
00:07:22,624 --> 00:07:28,298
we don't want deep sea mining permits. And so that was scrapped. This

122
00:07:28,358 --> 00:07:31,562
entire year for deep sea mining has been a flurry of

123
00:07:31,642 --> 00:07:34,925
activity that has resulted us ultimately ending up kind

124
00:07:40,030 --> 00:07:43,935
Yes. From an environmental perspective, we are slowly working

125
00:07:43,995 --> 00:07:47,639
towards a set of environmental regulations that No

126
00:07:47,719 --> 00:07:51,284
one's going to particularly like, but everyone will probably be grudgingly

127
00:07:51,344 --> 00:07:54,549
consent to, which is the best you can hope for for big

128
00:07:54,589 --> 00:07:57,774
international negotiations. And that process has

129
00:07:57,794 --> 00:08:01,800
been ongoing for decades and is slowly creeping towards

130
00:08:01,840 --> 00:08:05,424
conclusion. Polymetallic nodule mining. Now,

131
00:08:05,624 --> 00:08:09,207
I've been on this show before. I've said a lot of times deep sea mining is three different industries.

132
00:08:09,667 --> 00:08:13,010
Polymetallic nodule mining is different from hydrothermal vent mining. It's

133
00:08:13,090 --> 00:08:16,753
different from seamount mining. They all have their own impacts.

134
00:08:16,793 --> 00:08:20,156
They all have their own consequences. They all have their own

135
00:08:20,256 --> 00:08:23,498
sort of justifications. And when

136
00:08:23,658 --> 00:08:26,839
I left the Deep Sea Mining Observer, the first action I did

137
00:08:26,979 --> 00:08:30,381
as a not-journalist covering deep sea mining was to sign on

138
00:08:30,441 --> 00:08:33,722
to the scientists' sign-on letter for calls for moratorium on

139
00:08:33,762 --> 00:08:36,843
the development of the deep sea mining regulations. And the reason I

140
00:08:36,883 --> 00:08:40,024
did that is not because I didn't think there was a future for deep sea mining. The reason I

141
00:08:40,064 --> 00:08:43,427
did that is because The current policy being negotiated at

142
00:08:43,447 --> 00:08:46,790
the ISA is a unitary mining code that

143
00:08:46,830 --> 00:08:51,495
covers all three kinds of deep sea mining. Gotcha. And so, you

144
00:08:51,515 --> 00:08:54,578
know, the folks who are working on polymetallic nodule mining, they have a

145
00:08:54,618 --> 00:08:57,982
pretty good argument. I don't think they're 100% there yet, but I think there's

146
00:08:58,042 --> 00:09:01,405
a real possibility that they could get to the point where they could have

147
00:09:01,425 --> 00:09:04,988
an environmentally justifiable industry. For hydrothermal vent

148
00:09:05,028 --> 00:09:08,251
mining, for seabound mining, for cobalt rich crust,

149
00:09:08,711 --> 00:09:12,474
I don't think there's any future for those that could possibly have environmental

150
00:09:12,514 --> 00:09:15,817
justifications. And so as long as there's a unitary mining code,

151
00:09:15,857 --> 00:09:19,082
you know. giving permission to the best form

152
00:09:19,102 --> 00:09:22,665
of mining if that also gives permission to the worst forms of mining is

153
00:09:24,586 --> 00:09:27,768
Why do you think they did that? Why do you think they wanted to just spread it around to

154
00:09:29,369 --> 00:09:32,491
So it's really curious because this is the

155
00:09:32,572 --> 00:09:35,734
second set of mining code negotiations that has

156
00:09:35,754 --> 00:09:39,536
happened. And the first set was for the exploration permits. So

157
00:09:39,656 --> 00:09:42,858
exploration for deep sea mining is prospecting. It's

158
00:09:42,878 --> 00:09:46,239
the process of going out into an ecosystem, looking for the ore bodies,

159
00:09:46,579 --> 00:09:49,941
identifying where there might actually be valuable ore, doing

160
00:09:49,981 --> 00:09:53,303
the initial environmental impact assessments and then going back and saying, I

161
00:09:53,363 --> 00:09:57,004
think there's something valuable here. Can we have permission to go on further? And

162
00:09:57,084 --> 00:10:00,746
then you apply for an exploitation permit. The

163
00:10:00,866 --> 00:10:04,308
ISA negotiated separate mining regulations for all three

164
00:10:04,648 --> 00:10:07,989
ore bodies for the exploration permits. So there is

165
00:10:08,069 --> 00:10:11,772
a separate set of rules for exploration for polymetallic nodules

166
00:10:11,892 --> 00:10:16,034
and for hydrothermal vents and for cobalt-rich seamounts. But

167
00:10:16,114 --> 00:10:19,216
for whatever reason, and I think the reason is the people who really, really want to

168
00:10:19,256 --> 00:10:22,378
do hydrothermal vent and cobalt-rich seamount mining know they're not going to be able to

169
00:10:22,398 --> 00:10:26,260
get it through unless they get it all through together. For that

170
00:10:26,420 --> 00:10:30,042
reason, almost certainly, they've decided on a unitary mining code for

171
00:10:33,249 --> 00:10:36,550
Okay. Interesting. Interesting. So your position here

172
00:10:36,711 --> 00:10:40,152
is, and why you signed on, it was the fact that it was the full,

173
00:10:40,452 --> 00:10:43,753
like they were doing a unitary sort of commitment to saying you

174
00:10:43,773 --> 00:10:46,894
can explore whatever type you want. You're like, no, that's not the

175
00:10:46,934 --> 00:10:50,335
way we go forward. Let's move forward in a proper way

176
00:10:50,375 --> 00:10:53,536
and let's look at one specific one that will be the least amount of

177
00:10:56,538 --> 00:11:00,161
Exactly. And part of that is that the most advanced

178
00:11:00,221 --> 00:11:03,603
mining companies right now are all looking for polymetallic nodules. The

179
00:11:03,824 --> 00:11:07,106
financial regime, which is a big hang up that we can get into

180
00:11:07,166 --> 00:11:10,429
if you really want to get into the economics of things, that's currently being

181
00:11:10,649 --> 00:11:14,131
negotiated is looking at projections from polymetallic nodule mining.

182
00:11:14,632 --> 00:11:18,094
The environmental work has all been developed on environmental, not

183
00:11:18,134 --> 00:11:21,217
environmental, on polymetallic nodule mining. And so we're in

184
00:11:21,257 --> 00:11:24,395
a situation where You

185
00:11:24,415 --> 00:11:27,862
know, best is probably not the right word because we're still talking about an extractive industry,

186
00:11:27,902 --> 00:11:31,830
but the least worst form of mining is driving the negotiation forward, but

187
00:11:31,870 --> 00:11:36,147
it's dragging worst forms of mining along with it. And

188
00:11:36,207 --> 00:11:40,308
I think because hydrothermal vents and cobalt-rich

189
00:11:40,368 --> 00:11:43,749
seamounts aren't being considered in nearly the same detail, we're

190
00:11:43,769 --> 00:11:50,130
going to be left with a mining code that preferentially discusses

191
00:11:50,170 --> 00:11:53,551
polymetallic nodule mining with regulations shaped

192
00:11:53,591 --> 00:11:57,172
around that. And we end up in situations where we're going to encounter regulations that

193
00:11:57,272 --> 00:12:00,473
don't address impacts that are happening. at things like hydrothermal vents

194
00:12:00,653 --> 00:12:04,414
and seamounts. Because these are very different ecosystems. They're

195
00:12:04,434 --> 00:12:07,636
very different geologically. They're very different ecologically. They're

196
00:12:10,287 --> 00:12:13,988
Yes, the hydrothermal vents especially. I know usually,

197
00:12:14,008 --> 00:12:17,408
I know in Canada we've protected on our west coast a

198
00:12:17,488 --> 00:12:21,609
huge system of hydrothermal vents on

199
00:12:21,669 --> 00:12:25,910
purpose because, you know, not only for that but just for the biodiversity,

200
00:12:26,230 --> 00:12:29,731
the uniqueness of the habitat is very distinctive and we

201
00:12:29,771 --> 00:12:33,252
even expanded it a couple of years ago or about four or five years ago to

202
00:12:33,292 --> 00:12:39,257
make it even bigger than what it was. Do we

203
00:12:39,317 --> 00:12:43,682
know the detrimental effect it would have if we did hydrothermal vent

204
00:12:45,244 --> 00:12:48,869
The big thing with hydrothermal vent mining in particular is that the

205
00:12:48,889 --> 00:12:52,141
process that builds the hydrothermal vent is the same

206
00:12:52,181 --> 00:12:55,444
process that creates the ore and is the same process that

207
00:12:55,484 --> 00:12:58,846
supports chemosynthetic communities. So you can't have one without

208
00:12:58,886 --> 00:13:02,428
the other. You can't remove one without removing the other. When

209
00:13:02,448 --> 00:13:05,911
you're looking at mining a hydrothermal vent, you are looking at comprehensive removal

210
00:13:05,971 --> 00:13:09,913
of the ecosystem because the ore is the ecosystem. The

211
00:13:09,933 --> 00:13:13,195
chemical processes that drive the vents is the chemical processes that

212
00:13:13,215 --> 00:13:17,078
produce the ore. And so you're really looking at comprehensive total

213
00:13:17,138 --> 00:13:20,440
removal of an ecosystem from the seafloor because it happens to be rich in gold

214
00:13:20,460 --> 00:13:23,543
and silver and nickel. You know, when you look at a

215
00:13:23,563 --> 00:13:26,885
polymetallic nodule field, polymetallic nodule fields are

216
00:13:26,925 --> 00:13:30,208
scattered across the abyssal plane. They cover probably 60% of the surface

217
00:13:30,248 --> 00:13:33,450
of the earth. There's a huge ecosystem. It's incredibly spread out.

218
00:13:33,570 --> 00:13:36,733
Like I don't like to write off any

219
00:13:36,793 --> 00:13:40,795
particular ecosystem, but in terms of resilience, like… There's

220
00:13:40,815 --> 00:13:44,217
a lot more polymetallic nodule field in the world than

221
00:13:44,257 --> 00:13:47,578
there is hydrothermal vents. If you took all the known hydrothermal vent fields

222
00:13:48,098 --> 00:13:51,320
on the planet, the ones we've seen with

223
00:13:51,500 --> 00:13:55,301
ROVs and with submarines and the ones we've hypothesized through looking for chemical signatures,

224
00:13:55,542 --> 00:13:59,492
if you took that total surface area, it's smaller than Manhattan. Wow.

225
00:13:59,952 --> 00:14:03,535
So we are talking about, you know, you're making regulations on

226
00:14:03,635 --> 00:14:06,977
one hand that are regulating the biggest ecosystem on

227
00:14:06,997 --> 00:14:10,739
the planet and also one of the smallest ecosystems on the planet. And

228
00:14:13,941 --> 00:14:17,303
And so you're saying when we, if we mine a hydrothermal vent,

229
00:14:17,823 --> 00:14:20,965
we remove that entire hydrothermal vent that ceases to

230
00:14:21,025 --> 00:14:25,668
exist. Exactly. So we will go through that a lot faster than

231
00:14:26,761 --> 00:14:30,284
Yes, and it's very oar-dense. And

232
00:14:30,344 --> 00:14:33,866
so I think the most valuable one out there they projected was

233
00:14:33,886 --> 00:14:37,369
worth something like $210 million. Dear lord. Which,

234
00:14:37,569 --> 00:14:41,112
you know, is a lot of money, but I don't know if it's enough money to justify losing

235
00:14:43,137 --> 00:14:46,460
Yeah. Now here, you know, obviously you and I and our audience

236
00:14:46,500 --> 00:14:49,562
members understand the value of, you

237
00:14:49,602 --> 00:14:52,744
know, a unique habitat such as hydrothermal vents. But there are a lot of

238
00:14:52,784 --> 00:14:56,227
people out there who are just like, well, if we lose it, what's the big deal?

239
00:14:56,507 --> 00:14:59,670
You know, we just lose this. Do we know the impact that that

240
00:14:59,690 --> 00:15:03,212
would have on the deep sea in general? Or is that still under,

241
00:15:03,232 --> 00:15:06,615
because we haven't really lost them or haven't really known that we've lost them. We

242
00:15:06,635 --> 00:15:09,818
don't know the impact it would have on the rest of the deep sea ecosystem in and

243
00:15:11,185 --> 00:15:14,609
So here is the argument that a

244
00:15:14,709 --> 00:15:17,932
mining company would make that wants to mine an

245
00:15:17,992 --> 00:15:21,575
active hydrothermal vent. Yeah. Hydrothermal vents

246
00:15:21,776 --> 00:15:25,339
are geologically active. They have

247
00:15:25,419 --> 00:15:28,903
their own turnover. In some cases, like if you're in the Western Pacific,

248
00:15:29,363 --> 00:15:33,407
the average lifespan of a hydrothermal vent is 10 years. These

249
00:15:33,447 --> 00:15:36,630
are volcanically active regions. They erupt. Sometimes they get

250
00:15:36,650 --> 00:15:40,113
buried by lava flows. They turn on, they shut down.

251
00:15:40,694 --> 00:15:44,057
They're very dynamic ecosystems. There is

252
00:15:44,097 --> 00:15:47,500
an argument to be made that they are incredibly resilient

253
00:15:47,520 --> 00:15:51,054
to disturbance. That's how they've evolved. There's

254
00:15:51,074 --> 00:15:54,995
an equally valid argument to be made that natural disturbance versus

255
00:15:55,315 --> 00:15:58,596
anthropogenic disturbance, which is an additive function of disturbance, we don't

256
00:15:58,636 --> 00:16:01,896
really know what the consequences of that could possibly be. But when you're talking about

257
00:16:01,936 --> 00:16:05,297
completely removing a hydrothermal vent ecosystem, you're

258
00:16:05,397 --> 00:16:09,478
losing genetic conductivity between different

259
00:16:09,498 --> 00:16:13,179
hydrothermal vent systems. You may be breaking stepping

260
00:16:13,219 --> 00:16:16,359
stones that prevent downstream hydrothermal vent

261
00:16:16,399 --> 00:16:19,820
ecosystems from being recolonized as they turn over. And

262
00:16:21,361 --> 00:16:25,684
hydrothermal vents are nasty. Like these are full of heavy metals.

263
00:16:25,824 --> 00:16:30,847
There's arsenic in them. They're slightly radioactive. You've

264
00:16:30,887 --> 00:16:34,269
got a lot of other very nasty heavy metals

265
00:16:34,309 --> 00:16:38,311
that are produced and embedded within the hydrothermal vent chimney. They're

266
00:16:38,431 --> 00:16:41,913
sulfur rich. And so you go in with a mining tool and

267
00:16:41,933 --> 00:16:45,095
you begin grinding. I mean it's functionally strip mining when you're talking about a

268
00:16:45,115 --> 00:16:48,897
hydrothermal vent. you're creating a plume. You're

269
00:16:48,937 --> 00:16:52,338
creating a toxic metal radioactive plume that spreads across

270
00:16:52,358 --> 00:16:55,980
the seafloor. And so that plume is going to settle out in the surrounding sediment

271
00:16:56,600 --> 00:17:00,822
and who knows how much further it'll perfuse across the

272
00:17:00,862 --> 00:17:04,184
seafloor. So it is going to have knockdown effects on halo fauna

273
00:17:04,264 --> 00:17:07,806
as well. It's going to impact the animals around

274
00:17:07,826 --> 00:17:11,007
hydrothermal vents that aren't necessarily dependent on hydrothermal vents. And

275
00:17:11,047 --> 00:17:14,349
if you're talking about a mining vessel where you're going to have like a dewatering plume,

276
00:17:15,189 --> 00:17:18,431
that's coming off the vessel after the ore returns to the surface, that's going

277
00:17:18,451 --> 00:17:23,213
to end up in the mid-water, and it's going to be impacting things like fisheries. But

278
00:17:23,233 --> 00:17:26,354
that's hydrothermal vent mining. And a thing I want to highlight is that

279
00:17:26,494 --> 00:17:29,816
right now, the real push is for polymetallic nodule mining. And

280
00:17:29,876 --> 00:17:33,137
that's where things are happening at the ISA. And for the most

281
00:17:33,197 --> 00:17:36,519
part at this moment, when people talk about deep sea mining,

282
00:17:36,539 --> 00:17:39,840
with a few exceptions, they are talking about polymetallic nodule mining.

283
00:17:42,051 --> 00:17:45,353
With this type of mining, how is it done? You talked

284
00:17:45,393 --> 00:17:48,515
a little bit about the hydrothermal vent, how it's just basically you're grinding it

285
00:17:52,498 --> 00:17:56,420
Polymetallic nodules are very weird

286
00:17:56,900 --> 00:18:00,482
rocks. We're not 100% sure

287
00:18:00,502 --> 00:18:03,844
the exact geochemical process for how they form, but

288
00:18:04,084 --> 00:18:08,326
the kind of broad strokes is that a small nucleating agent, some

289
00:18:08,366 --> 00:18:11,447
kind of a hard object, it's often like the test of

290
00:18:11,487 --> 00:18:14,628
a diatom or a radiolarin, but it's sometimes something as big as

291
00:18:14,688 --> 00:18:18,510
a shark's tooth, when it sinks into the deep sea, very

292
00:18:18,570 --> 00:18:22,372
slowly over the course of millions of years, heavy metals from

293
00:18:22,412 --> 00:18:25,753
the surrounding seawater accrete around this

294
00:18:25,813 --> 00:18:29,555
hard nucleating agent. And basically

295
00:18:29,595 --> 00:18:32,876
it's a rock that grows and it takes four, five, six million years to grow,

296
00:18:33,236 --> 00:18:36,537
but it's a rock that grows. A weird thing about

297
00:18:36,597 --> 00:18:40,118
it is they don't sink. So

298
00:18:40,138 --> 00:18:43,540
they sit on the seafloor, but you don't ever find them buried in

299
00:18:43,580 --> 00:18:46,842
the sediment. So there's some long-term process that

300
00:18:47,563 --> 00:18:52,166
we're not really sure. There's one hypothesis that burrowing animals

301
00:18:52,266 --> 00:18:56,250
underneath them are causing uplift. There's another hypothesis

302
00:18:56,310 --> 00:19:00,013
that the process of forming a nodule is biogenic,

303
00:19:00,073 --> 00:19:03,576
so there's microbes that are part of that, and that the nodule

304
00:19:03,596 --> 00:19:07,239
is actually breaking down as it contacts the sediment and then reaccreting

305
00:19:07,279 --> 00:19:10,401
on top. But these are all hypotheses. There's also the

306
00:19:10,441 --> 00:19:13,863
possibility that just the topology of the seafloor and the movement of

307
00:19:13,923 --> 00:19:18,165
sediment across the seafloor causes them to remain on the surface. So

308
00:19:18,185 --> 00:19:21,306
they're weird. They're a rock that grows. And

309
00:19:21,326 --> 00:19:24,588
they're a rock that grows into an object that contains the

310
00:19:24,628 --> 00:19:27,890
things we need in an electric vehicle battery. So they're

311
00:19:27,970 --> 00:19:31,415
rich in cobalt. They're rich in nickel. They're not super rich

312
00:19:31,455 --> 00:19:35,700
in copper but they have some copper and they're rich in manganese, which

313
00:19:35,760 --> 00:19:39,284
are all elements that go into next generation renewable energy

314
00:19:39,304 --> 00:19:42,588
technologies. So there is an

315
00:19:42,648 --> 00:19:46,011
environmental argument to be made. that if

316
00:19:46,051 --> 00:19:49,632
we want to get off fossil fuels, if we want to electrify the world's automotive

317
00:19:49,672 --> 00:19:54,033
fleets, if we want to shift towards renewable energy, we

318
00:19:54,093 --> 00:19:58,375
might have to go to sea to get the metals necessary to build that technology. I

319
00:19:58,395 --> 00:20:01,555
don't find that argument particularly compelling anymore. I used to find it

320
00:20:01,595 --> 00:20:04,956
much, much more compelling. But technology has

321
00:20:05,016 --> 00:20:08,777
moved on. Only 20% of

322
00:20:08,797 --> 00:20:12,459
the electric vehicles being made in China right now are using

323
00:20:12,839 --> 00:20:16,420
batteries that contain cobalt. They're using next generation batteries.

324
00:20:16,460 --> 00:20:21,122
They're using lithium iron phosphate battery chemistries that

325
00:20:21,162 --> 00:20:25,026
are cheaper and more stable. … and don't require this incredibly expensive

326
00:20:25,326 --> 00:20:28,431
metal that's hard to access. And

327
00:20:28,471 --> 00:20:31,916
so I think the technology itself has moved faster than deep-sea mining

328
00:20:31,936 --> 00:20:35,080
has progressed to a point where I'm not sure – and I'm

329
00:20:35,120 --> 00:20:38,485
not an economist, so what the heck do I know? But

330
00:20:38,525 --> 00:20:41,747
I'm not sure the economic argument for deep sea mining makes a ton of

331
00:20:41,787 --> 00:20:44,929
sense anymore. And I think the commodities market has played that out.

332
00:20:44,969 --> 00:20:48,812
So cobalt and nickel right now are in kind of historic ruts. They're

333
00:20:48,832 --> 00:20:52,294
both in a major surplus. They're both trading at kind of their

334
00:20:52,334 --> 00:20:57,698
historic minimums. projections

335
00:20:57,738 --> 00:21:01,201
for deep sea mining. In the summer of 2023, they

336
00:21:01,341 --> 00:21:05,325
revised the model for a hypothetical

337
00:21:05,365 --> 00:21:08,887
polymetallic nodule mine based off of metals values

338
00:21:08,928 --> 00:21:12,090
at the time. And since then, they've lost about $400 million a

339
00:21:12,110 --> 00:21:15,673
year in value. Just a little bit.

340
00:21:15,713 --> 00:21:19,156
So the economics are not really shaking out in deep sea mining's favor

341
00:21:19,276 --> 00:21:23,877
at the moment. On the other hand, There's

342
00:21:23,997 --> 00:21:27,380
another issue at play, and you've almost certainly

343
00:21:27,440 --> 00:21:30,784
heard me do this line before, but I say deep sea mining is

344
00:21:30,844 --> 00:21:34,288
three industries. Deep sea mining is really four

345
00:21:34,328 --> 00:21:38,312
industries. And that fourth industry is geopolitics.

346
00:21:40,666 --> 00:21:43,790
Deep sea mining is deeply embedded in

347
00:21:43,910 --> 00:21:49,517
kind of great power struggles, geopolitical, diplomatic

348
00:21:49,637 --> 00:21:53,122
brinksmanship, that kind of thing. Countries use

349
00:21:53,142 --> 00:21:56,646
deep sea mining as a tool to argue for the expansion

350
00:21:56,666 --> 00:22:00,609
of their outer continental shelf. which expands their EEZ. They

351
00:22:00,749 --> 00:22:04,671
use it to assert sovereignty over different areas of the seafloor. They

352
00:22:04,731 --> 00:22:08,173
use it for prestige. And they use it to access

353
00:22:08,273 --> 00:22:11,715
metals when we have things like security issues. So, you

354
00:22:11,735 --> 00:22:15,317
know, cobalt is in a historic surplus,

355
00:22:15,337 --> 00:22:18,598
but cobalt is also 90% produced by the Democratic Republic of

356
00:22:18,638 --> 00:22:21,840
the Congo, and those mines are largely controlled by China. If you're

357
00:22:21,860 --> 00:22:25,162
a country like the United States that suddenly is very adverse to trading with

358
00:22:25,202 --> 00:22:28,614
China, there is a geopolitical argument to

359
00:22:28,654 --> 00:22:32,397
be made for accessing other sources of these critical minerals. And

360
00:22:32,477 --> 00:22:35,960
so we've seen that with the major private companies

361
00:22:36,000 --> 00:22:39,083
who want to do deep sea mining pivoting away from the

362
00:22:39,123 --> 00:22:42,425
environmental argument and the sustainability argument and towards the

363
00:22:42,906 --> 00:22:47,349
national security argument, the critical minerals argument, the resource

364
00:22:47,389 --> 00:22:50,524
independence argument. And I think, you know, I think

365
00:22:50,544 --> 00:22:54,046
that has some staying power for a lot of people. That's certainly a compelling argument,

366
00:22:54,106 --> 00:22:58,128
I know, for a lot of the national security hawks that I talk to. So

367
00:22:58,208 --> 00:23:01,549
on that token, this has been like the biggest year in a long time

368
00:23:01,609 --> 00:23:04,851
for the U.S. getting involved in deep sea mining. And I'm even talking about

369
00:23:04,891 --> 00:23:08,893
before the Trump administration kicked off. Right. So

370
00:23:09,033 --> 00:23:12,194
early in the year, Congresswoman Miller of

371
00:23:12,234 --> 00:23:17,845
West Virginia introduced a bill to incentivize polymetallic

372
00:23:17,885 --> 00:23:22,007
nodule refining on the U.S., on U.S. soil, which

373
00:23:22,387 --> 00:23:25,529
is kind of an interesting case. So the U.S. doesn't deep-sea mine, and

374
00:23:25,549 --> 00:23:28,890
the U.S. isn't a signatory to UNCLOS, the U.N. Convention of

375
00:23:28,910 --> 00:23:32,212
the Law of the Sea, which means the U.S. is

376
00:23:32,312 --> 00:23:35,413
not beholden to the rules of the U.N., but we also don't get

377
00:23:35,453 --> 00:23:39,275
to negotiate, and we also don't really get to access the

378
00:23:39,295 --> 00:23:42,541
mineral resources of the high seas. But

379
00:23:42,601 --> 00:23:45,882
we can refine them and one of the things the US can do that the

380
00:23:46,223 --> 00:23:49,324
other countries who are signatories to the UN Convention on the Law

381
00:23:49,344 --> 00:23:53,226
of the Sea can't do is create privileged markets. So

382
00:23:53,446 --> 00:23:56,587
if you are Canada, if you are Great Britain, if you are

383
00:23:56,687 --> 00:24:00,068
China or Russia or Singapore and you deep sea mine, the

384
00:24:00,168 --> 00:24:03,490
metals you mine have to go into the same market as terrestrially produced metals.

385
00:24:04,150 --> 00:24:07,331
You can't say we're only going to mine the deep sea and sell deep sea

386
00:24:07,371 --> 00:24:10,792
minerals. You can't privilege the source of the metal. And

387
00:24:10,812 --> 00:24:14,373
that's in place so that developing countries can't be bullied out of existence

388
00:24:14,513 --> 00:24:17,955
by deep sea mining. And if those countries, if

389
00:24:18,135 --> 00:24:21,776
their terrestrial industries are negatively impacted, they have to be compensated.

390
00:24:23,696 --> 00:24:27,398
So the US, because we didn't sign, we can do that. We can say we only want to put deep

391
00:24:27,418 --> 00:24:32,504
sea metals in our cars. We don't want cobalt from the Congo. And

392
00:24:32,644 --> 00:24:35,886
so I think the argument for having the U.S. be

393
00:24:35,906 --> 00:24:39,168
a refining center for polymetallic nodules, so they'll be

394
00:24:39,208 --> 00:24:42,670
mined on the high seas by an international company and then landed

395
00:24:42,710 --> 00:24:46,191
in the U.S. to be refined, you know, I think that

396
00:24:46,332 --> 00:24:49,393
argument has some weight to it. And I

397
00:24:49,433 --> 00:24:52,595
think from an economic standpoint, there's a lot of people who want to see that

398
00:24:52,635 --> 00:24:56,238
happen. And quite frankly, like,

399
00:24:56,838 --> 00:25:00,342
you know, the US isn't great on refining metals, but like,

400
00:25:00,402 --> 00:25:03,565
we're an awful lot better than some countries. So like, you

401
00:25:03,585 --> 00:25:06,788
know, that environmental impact is going to happen somewhere, you know, the US isn't

402
00:25:06,828 --> 00:25:10,455
the worst choice. Yeah, for sure. Maybe

403
00:25:10,475 --> 00:25:13,557
it doesn't have to happen at all, because there's no economic value in

404
00:25:14,938 --> 00:25:18,040
Well, I think that's a question I have for you too, because last time you

405
00:25:18,060 --> 00:25:22,002
were on, I remember you saying that even if we were to start mining,

406
00:25:22,042 --> 00:25:26,084
say today, like full-fledged mining, it would take 50 years

407
00:25:26,505 --> 00:25:29,826
for it to really come into production and be in an actual

408
00:25:32,984 --> 00:25:36,086
So it wasn't that it would take 50 years for it to come into production and be in

409
00:25:36,126 --> 00:25:40,610
a battery. It would be, it was that it would be, you

410
00:25:40,650 --> 00:25:43,892
know, 30 year minimum for it to reach the scale where it's even

411
00:25:43,972 --> 00:25:47,735
remotely competitive with terrestrial mining operations. Gotcha. Okay.

412
00:25:47,775 --> 00:25:50,977
So it's, you know, and I think the line I was giving then and it's the line I

413
00:25:50,997 --> 00:25:55,640
still do now is that, you know, deep sea mining may be a possible

414
00:25:56,861 --> 00:26:00,625
a route to sustainability to reach 2050 or

415
00:26:01,446 --> 00:26:05,050
2100 targets, but it's certainly not going to help us reach 2030 climate targets.

416
00:26:05,551 --> 00:26:08,754
And I think I probably said that in 2019, and now we're at 2025. It

417
00:26:08,774 --> 00:26:12,658
definitely is not going to help us meet any climate

418
00:26:12,678 --> 00:26:15,882
targets for 2030, and probably not for 2050 either. It

419
00:26:15,922 --> 00:26:19,145
might be a solution for 2075. And

420
00:26:19,165 --> 00:26:22,327
so for that reason, you know, deep sea mining has time, which is one

421
00:26:22,347 --> 00:26:25,868
of the reasons why I think it's kind of silly to do this unitary mining code when, you

422
00:26:25,888 --> 00:26:29,790
know, we can take our time and get it right. This is the first time in human history where

423
00:26:29,830 --> 00:26:33,312
we've negotiated the rules for an extractive industry before

424
00:26:33,352 --> 00:26:36,853
the industry has been able to extract. And so, like, why not

425
00:26:36,953 --> 00:26:40,475
make it the example for resource extraction?

426
00:26:42,896 --> 00:26:46,657
Yeah, it's such an opportunity, right? It's such an opportunity. Now

427
00:26:46,717 --> 00:26:49,978
with that said, you know, like we're talking about the advancements of

428
00:26:50,038 --> 00:26:53,598
battery technology and that it doesn't need as much cobalt and

429
00:26:53,958 --> 00:26:57,259
you mentioned, what is it, 20% of Chinese batteries

430
00:26:57,279 --> 00:27:00,640
that are being made for EVs are not even using cobalt or

431
00:27:04,501 --> 00:27:08,030
Is there a possibility that you know, they won't

432
00:27:11,171 --> 00:27:14,532
Absolutely. So, you know, the two battery

433
00:27:14,572 --> 00:27:17,954
technologies that are really starting to come online that are exciting to

434
00:27:17,994 --> 00:27:21,375
me, in terms of not being anti-deep sea

435
00:27:21,395 --> 00:27:26,277
mining, but in terms of getting us off our need for minerals at all, are

436
00:27:26,317 --> 00:27:29,858
solid state batteries, They use graphene and

437
00:27:29,878 --> 00:27:34,239
they use an acid gel as

438
00:27:34,279 --> 00:27:37,840
their electrolyte so that you have these batteries that are very

439
00:27:37,900 --> 00:27:41,721
stable, very fast charging. They're basically gigantic capacitors. You

440
00:27:41,761 --> 00:27:44,942
can dump all the amps into them all at once so you don't

441
00:27:45,002 --> 00:27:48,482
have to do that whole sitting and charging for 45 minutes thing.

442
00:27:49,603 --> 00:27:52,723
When you're fast charging and driving across the country, you can just dump all the

443
00:27:52,763 --> 00:27:56,905
juice in all at once and they're perfectly stable and they run fine. They

444
00:27:56,925 --> 00:28:00,527
don't need any heavy metals for the most part, at least the best chemistries

445
00:28:00,567 --> 00:28:03,890
I've seen. And that's really appealing because that makes them

446
00:28:04,230 --> 00:28:07,552
much, much more accessible with a much lighter

447
00:28:07,592 --> 00:28:11,035
footprint. Sodium batteries are, they're

448
00:28:11,195 --> 00:28:14,838
not as fast discharging. They're incredibly stable

449
00:28:15,278 --> 00:28:18,560
and they can store an awful lot of energy. They're not really a good

450
00:28:18,720 --> 00:28:22,303
electric vehicle battery, but for like municipal power storage,

451
00:28:22,463 --> 00:28:26,586
as we start building a more sustainable renewable grid, Sodium

452
00:28:27,987 --> 00:28:32,950
Or home storage, exactly, yeah. Those sodium batteries will really

453
00:28:32,970 --> 00:28:36,092
take off. So I think – and neither of those particularly need the

454
00:28:36,152 --> 00:28:39,294
metals that we derive from the deep sea. Right. So

455
00:28:39,314 --> 00:28:42,976
I think it all really depends on which battery chemistry wins.

456
00:28:43,817 --> 00:28:47,359
It's like the USB wars. Is it going to be micro USB or mini

457
00:28:47,439 --> 00:28:51,041
USB or USB-C or Blu-ray or

458
00:28:51,121 --> 00:28:54,746
DVD? Now we're in the battery wars. Which battery chemistry

459
00:28:54,766 --> 00:28:57,990
is going to win? The battery chemistry that wins is going to decide whether or

460
00:28:58,050 --> 00:29:01,275
not we really have a strong economic argument to

461
00:29:04,019 --> 00:29:07,261
There was a story that I covered over the last year. And it

462
00:29:07,281 --> 00:29:10,782
talked about these nodules. I think they were probably metallic

463
00:29:10,823 --> 00:29:14,745
nodules that were emitting oxygen. And they

464
00:29:14,765 --> 00:29:18,446
were wondering, is this part of the deep sea ecology? Could

465
00:29:18,506 --> 00:29:21,588
this be something that we could use in

466
00:29:21,608 --> 00:29:25,390
the future as an argument not to, or be very careful

467
00:29:25,570 --> 00:29:28,992
if you're going to take these nodules, because it could be

468
00:29:29,112 --> 00:29:32,453
providing oxygen to the animals and the

469
00:29:34,494 --> 00:29:37,656
So that is the dark oxygen story. Yes. That was

470
00:29:37,716 --> 00:29:41,738
a paper published about polymetallic nodules from the Clarion-Clipperton zone,

471
00:29:42,138 --> 00:29:45,520
where people want to mine. And I think the actual initial research

472
00:29:45,560 --> 00:29:48,701
was funded by a deep sea mining company. So it

473
00:29:48,741 --> 00:29:52,583
is 100% tied to deep sea mining. It is a very preliminary

474
00:29:52,643 --> 00:29:56,445
study. And the results are incredibly tantalizing.

475
00:29:57,066 --> 00:30:00,767
I'm not 100% convinced that they've actually detected

476
00:30:00,828 --> 00:30:04,189
oxygen production yet. And it's hard

477
00:30:04,229 --> 00:30:08,091
to tell what the mechanism is. And

478
00:30:08,411 --> 00:30:11,753
it's one of those things where it's probably, there's probably some kind of, if oxygen is truly

479
00:30:11,773 --> 00:30:15,235
being produced in the volumes they're talking about, it's probably a biogenic process

480
00:30:15,275 --> 00:30:18,996
involving microbes interacting with the nodules. Right. But

481
00:30:19,036 --> 00:30:22,338
that is absolutely – it's an incredibly tantalizing piece of research. It's definitely something to

482
00:30:22,378 --> 00:30:25,939
watch. It's definitely something we want to know more about before we go and

483
00:30:25,999 --> 00:30:29,360
wholesale – Of course. Remove these nodules from the seafloor. So

484
00:30:29,380 --> 00:30:32,662
I think that's a really interesting story that we

485
00:30:32,762 --> 00:30:36,123
definitely need a lot of follow-up on. And that actually kind

486
00:30:36,163 --> 00:30:39,344
of highlights one of the weird paradoxes of the entire deep sea

487
00:30:39,384 --> 00:30:42,565
mining story, which is that these mining companies for

488
00:30:42,585 --> 00:30:46,287
the most part, they're

489
00:30:47,679 --> 00:30:51,181
I won't say they're green companies, but they want to be green companies. They're environmentally motivated

490
00:30:51,221 --> 00:30:54,443
companies. Their fundamental value proposition is that

491
00:30:54,863 --> 00:30:58,025
we need to get off fossil fuels and we have a better way of

492
00:30:58,105 --> 00:31:01,867
getting the metals we need from the seafloor versus from land. Yes.

493
00:31:01,927 --> 00:31:05,589
So there has always been an environmental motivation behind fossil fuels.

494
00:31:06,369 --> 00:31:09,770
Some of these companies, I mean, some of them just want to make money, but most of them are fairly

495
00:31:09,810 --> 00:31:13,272
environmentally motivated. And they funded a lot of research. They

496
00:31:13,352 --> 00:31:17,313
want to do the environmental impact assessments right, to

497
00:31:17,353 --> 00:31:20,614
an extent. They also want to mine, so they don't want the environmental impact assessments to

498
00:31:20,634 --> 00:31:23,956
say no go. But they're funding this

499
00:31:24,016 --> 00:31:27,417
research. A lot of the big research that's come out in the last 10 years

500
00:31:27,457 --> 00:31:30,598
that suggests maybe we shouldn't mine the high seas has come from

501
00:31:30,658 --> 00:31:34,080
funding from deep sea mining companies. And I'm actually one

502
00:31:34,100 --> 00:31:37,742
of the examples of that. I worked on the environmental impact assessment for the Sulwara

503
00:31:37,762 --> 00:31:42,124
I mining project. When I went into that project, I was

504
00:31:42,204 --> 00:31:46,046
pretty persuaded by the argument that this is a dynamic ecosystem that

505
00:31:46,066 --> 00:31:50,528
it turns over on. Sulwara I especially turns over very fast. That

506
00:31:50,568 --> 00:31:54,170
the site itself is underneath an active submarine volcano,

507
00:31:54,530 --> 00:31:58,112
so it's constantly already getting buried by the same chemically

508
00:31:58,152 --> 00:32:01,313
enriched plume that would be produced by the mining tool. They

509
00:32:01,373 --> 00:32:04,515
had a good argument. And so that was one

510
00:32:04,555 --> 00:32:07,697
of the reasons why I felt comfortable working with them

511
00:32:07,757 --> 00:32:11,540
on the environmental impact assessment. And as we progress, and I did my PhD thesis

512
00:32:11,580 --> 00:32:14,742
with them and did a lot of environmental work and did

513
00:32:14,762 --> 00:32:18,064
a lot of connectivity work on the systems, as I progressed through my research,

514
00:32:18,104 --> 00:32:21,566
I slowly came to the conclusion that I don't really

515
00:32:21,606 --> 00:32:24,868
think we can do this kind of thing anywhere without having a

516
00:32:24,949 --> 00:32:28,650
permanent negative impact to the ecosystem. Even in that area? Even

517
00:32:28,690 --> 00:32:32,691
in that area. I think Sul-Warun was probably the best case scenario. And,

518
00:32:32,751 --> 00:32:36,272
you know, it's like the polymetallic nodule argument, right? You know, if it's the least worst,

519
00:32:36,432 --> 00:32:40,733
if you're still opening the gates to the worst, then it's not helping anyone. Exactly.

520
00:32:41,373 --> 00:32:44,614
So like that, I've seen that transition happen among a lot

521
00:32:44,634 --> 00:32:48,194
of a lot of people. And like, you know, the mining companies are,

522
00:32:48,714 --> 00:32:52,275
you know, not every mining company, obviously, like, capitalism is

523
00:32:52,335 --> 00:32:56,056
a thing that drives and motivates people for reasons other than the environment. But

524
00:32:56,136 --> 00:32:59,643
like, The people I know on the ground who do the environmental

525
00:32:59,663 --> 00:33:03,165
work for these companies, who are writing the environmental impact statements, who

526
00:33:03,385 --> 00:33:06,568
are leading their initial research programs, they care about the

527
00:33:06,608 --> 00:33:10,331
environment. And they learn things, and they fund environmental research,

528
00:33:10,351 --> 00:33:13,513
and they fund a lot of environmental research that ultimately says, don't mine here.

529
00:33:14,033 --> 00:33:19,459
Right. Yeah, it's an interesting concept. It's

530
00:33:19,520 --> 00:33:22,922
really weird in this position that we're in where

531
00:33:23,083 --> 00:33:26,706
it seems like, as you mentioned, Norway starts off

532
00:33:27,146 --> 00:33:30,289
January saying, hey, yeah, we're going to explore. And then by the

533
00:33:30,349 --> 00:33:33,992
end of December, the government's like, as they put their budget through, no, there's

534
00:33:34,032 --> 00:33:37,455
a small contingent that says, no, we don't want it in there. And they have to pass the budget. So

535
00:33:37,475 --> 00:33:40,757
that's just the way it goes. Then the other side, as you mentioned, there's

536
00:33:40,797 --> 00:33:44,200
a geopolitical side to it. And that can

537
00:33:44,260 --> 00:33:47,423
drive a lot of movement on a

538
00:33:47,583 --> 00:33:51,986
side for, say, the US or anybody else to activate

539
00:33:52,687 --> 00:33:55,829
some deep sea mining or at least refineries and see how

540
00:33:55,869 --> 00:33:59,952
that works. It seems like because

541
00:33:59,992 --> 00:34:03,778
it's such a global issue, How

542
00:34:04,558 --> 00:34:08,060
do you expect people to react and what do you expect them to do in

543
00:34:08,100 --> 00:34:11,221
this situation? The audience members here, just

544
00:34:11,261 --> 00:34:14,603
like me, are really scratching the surface of deep sea mining and

545
00:34:14,623 --> 00:34:18,225
just really understanding. Obviously you coming on really helps in finding out

546
00:34:18,245 --> 00:34:22,287
the three main different types of ways to mine it and

547
00:34:22,527 --> 00:34:25,689
what's the least amount of harm and then the

548
00:34:25,749 --> 00:34:29,391
most amount of harm that we see. And so we get that knowledge

549
00:34:29,431 --> 00:34:32,914
in there. But for the audience member who's listening to this and

550
00:34:32,974 --> 00:34:36,357
just being like, OK, so now I'm educated on

551
00:34:36,417 --> 00:34:39,880
how this all works. I'm educated on the different things that can play

552
00:34:39,920 --> 00:34:44,744
a role in whether this goes forward or it doesn't go forward. What

553
00:34:44,784 --> 00:34:48,026
do you suggest that people do with this

554
00:34:49,828 --> 00:34:53,631
So it's tricky because it's not the kind of thing where

555
00:34:53,671 --> 00:34:56,908
you can write your congressman. Well, especially not

556
00:34:56,928 --> 00:35:00,410
because we're not part of UNCLOS, so our congressmen are useless. More

557
00:35:00,510 --> 00:35:05,232
useless than usual. If

558
00:35:05,312 --> 00:35:08,914
you are a citizen of a country that is a signatory to UNCLOS, which...

559
00:35:09,932 --> 00:35:13,233
Honestly, most of your listeners probably aren't, because I'm guessing you have a pretty big

560
00:35:16,893 --> 00:35:20,314
But, you know, if you are the citizen of a country that is a signatory to

561
00:35:20,354 --> 00:35:24,375
UNCLOS, you write your representatives, however

562
00:35:24,395 --> 00:35:27,596
you're represented, if it's an MP or a parliamentarian or

563
00:35:27,616 --> 00:35:31,316
a congressman or, you know, an alderman or whatever, you write whoever represents

564
00:35:31,917 --> 00:35:35,245
you in the highest level of government. and urge

565
00:35:35,325 --> 00:35:39,507
them to adopt the position that either

566
00:35:39,527 --> 00:35:42,769
you do or do not want to support deep sea mining. Because ultimately, this

567
00:35:42,809 --> 00:35:46,030
is international negotiation. It's happening at the level of

568
00:35:46,090 --> 00:35:49,832
a State Department. And so whatever is your

569
00:35:50,532 --> 00:35:53,714
most direct line to the State Department of your country, which

570
00:35:53,754 --> 00:35:57,255
is usually through your elected representative, if

571
00:35:57,275 --> 00:36:00,595
you're in the U.S., like the U.S. does go to the ISA and

572
00:36:00,615 --> 00:36:03,697
that we do have representatives that intervene there that we can't vote on

573
00:36:03,777 --> 00:36:07,300
ISA issues, you can write directly to the US State Department and be like, hey,

574
00:36:07,620 --> 00:36:10,942
I'm worried about this. Right. But in terms

575
00:36:11,002 --> 00:36:15,005
of like direct action, it's a trickier one because it's not like

576
00:36:16,326 --> 00:36:19,608
you can oppose it in national waters. Yeah. If your issue

577
00:36:19,628 --> 00:36:22,891
is primarily with deep sea mining and national waters, which very

578
00:36:22,951 --> 00:36:26,213
few countries are looking at deep sea mining in their own waters. Japan is

579
00:36:26,253 --> 00:36:30,105
doing a little bit of work on that. China is doing development

580
00:36:30,226 --> 00:36:34,188
on that, but mostly to test technology for high seas work. India

581
00:36:34,248 --> 00:36:37,510
is kind of in the same boat. They have nodule fields

582
00:36:37,710 --> 00:36:40,953
in their territorial waters. They do a little bit of work there,

583
00:36:40,993 --> 00:36:44,394
but they're not In those cases, it's less about

584
00:36:44,414 --> 00:36:48,016
the commercialization and more about testing of technology before

585
00:36:48,056 --> 00:36:51,798
they go out into the high seas. New Zealand is a very active

586
00:36:52,818 --> 00:36:55,960
back and forth in their parliament over deep sea mining and some of

587
00:36:55,980 --> 00:37:00,523
the shallower water mining projects like Iron Ridge Sands. So

588
00:37:00,603 --> 00:37:04,965
for national waters, it is, I mean, in all cases, it's right your representatives. You

589
00:37:05,365 --> 00:37:08,807
know, there's not like, it's a small industry, it's a small world. So

590
00:37:08,947 --> 00:37:14,044
it's not hard to keep track of who's trying to do deep sea mining. It

591
00:37:14,464 --> 00:37:18,725
is hard to get involved unless you're a subject matter expert. If you're a scientist, if

592
00:37:18,765 --> 00:37:22,166
you're a practicing marine scientist and you're opposed to deep sea mining,

593
00:37:22,566 --> 00:37:25,948
there is a scientist sign-on letter for support of

594
00:37:25,988 --> 00:37:29,289
a moratorium that they are collecting signatures for.

595
00:37:29,829 --> 00:37:34,691
I think it's hosted by the IUCN right now, or possibly the Worldwide

596
00:37:34,731 --> 00:37:38,072
Fund for Nature. Can't remember who's currently hosting it, but if you Google

597
00:37:38,532 --> 00:37:42,253
scientist sign-on letter. I'll put the link in the show notes, yeah. So

598
00:37:42,393 --> 00:37:45,794
there are things to do if you are a practicing scientist that carry

599
00:37:47,215 --> 00:37:51,776
Okay. Now, one more question about

600
00:37:51,816 --> 00:37:55,417
what people can do. So is it bad to

601
00:37:55,477 --> 00:37:58,638
have an EV right now? Just knowing, you know, like from

602
00:37:58,678 --> 00:38:02,419
an ethical standpoint, you know, we look at how cobalt

603
00:38:02,459 --> 00:38:06,100
is mined now, as you mentioned, in the Democratic Republic

604
00:38:06,120 --> 00:38:09,634
of Congo. But but plus with the possibility of

605
00:38:09,714 --> 00:38:12,916
deep sea mining, if you are an environmentalist, or

606
00:38:12,956 --> 00:38:16,457
you want to do something good for the environment, and you are buying a car, is

607
00:38:16,577 --> 00:38:19,859
it bad to have an EV? Is it bad to have

608
00:38:19,879 --> 00:38:23,160
a hybrid vehicle? I mean, it's good for the environment. We know that. But

609
00:38:23,181 --> 00:38:26,523
then there's also the fact of what goes into it. And

610
00:38:26,683 --> 00:38:29,765
this is an ethical point. I guess it's more of your opinion kind of

611
00:38:29,805 --> 00:38:33,067
piece. But what would you say for people who are

612
00:38:33,087 --> 00:38:36,209
like, well, why would you get an EV with all this

613
00:38:37,530 --> 00:38:41,472
So no, absolutely not. There is no projection that

614
00:38:41,512 --> 00:38:45,214
has EVs coming out worse than a new gas car. If

615
00:38:45,254 --> 00:38:49,177
you are shopping for a new car or a new used car, EVs

616
00:38:49,318 --> 00:38:52,780
are always going to be, hands down, a better choice for the environment. The

617
00:38:52,821 --> 00:38:56,183
best choice for a car is always the car you currently have. Drive

618
00:38:56,223 --> 00:38:59,366
it till it dies, make it last as long as possible, and then replace it

619
00:38:59,386 --> 00:39:02,689
with the most energy efficient car you can. My family

620
00:39:02,709 --> 00:39:05,971
has had to do that twice in the last two years. We've had two cars

621
00:39:06,011 --> 00:39:09,454
totaled. I drove mine until it died. My wife drove hers until

622
00:39:09,494 --> 00:39:13,197
it died. We got hundreds of thousands of miles out of both of them. And

623
00:39:13,237 --> 00:39:16,459
now we have two EVs. So we went the EV

624
00:39:16,520 --> 00:39:19,962
route, and we went with a Hyundai Kona,

625
00:39:20,122 --> 00:39:23,764
and we went with a Ford Escape plug-in hybrid. So

626
00:39:24,425 --> 00:39:27,727
depending on your personal politics and other motivations, there are certain

627
00:39:27,767 --> 00:39:31,447
car companies you may want to avoid. Um, and

628
00:39:31,647 --> 00:39:34,809
I, you know, I have a, I have a personal beef with Tesla that is not related to

629
00:39:34,829 --> 00:39:38,271
politics, but it's related to how they do battery storage and how they do, um,

630
00:39:39,312 --> 00:39:42,413
uh, access to, um, uh, the hardware that

631
00:39:42,433 --> 00:39:45,775
you've already bought. So if you buy like a base level model Y,

632
00:39:46,096 --> 00:39:49,257
there's more battery capacity in that model Y than you're allowed to use.

633
00:39:49,698 --> 00:39:52,900
And you have to pay Tesla for permission to use

634
00:39:52,920 --> 00:39:56,222
an extended range, but that, that battery, capacity is

635
00:39:56,242 --> 00:39:59,604
already built into your vehicle, which means you are driving around with

636
00:39:59,784 --> 00:40:02,926
a third of an electric vehicle's worth of cobalt and

637
00:40:02,966 --> 00:40:06,028
nickel that is not being used. So in

638
00:40:06,068 --> 00:40:09,210
that case, and that's changing too because Tesla has switched its

639
00:40:09,250 --> 00:40:13,313
battery chemistries to lithium iron phosphate for those vehicles. So

640
00:40:13,553 --> 00:40:17,756
that was more of an issue four years ago than it is today. So

641
00:40:17,776 --> 00:40:20,998
there are, if you really wanted to get into the nitty gritty and look at

642
00:40:21,038 --> 00:40:24,380
battery chemistries and compare battery chemistries, and OK,

643
00:40:25,261 --> 00:40:28,822
you want to avoid the potential for creating demand

644
00:40:28,842 --> 00:40:32,224
for deep sea mining. There's no battery on the market right now that uses metals from

645
00:40:32,244 --> 00:40:35,885
the deep sea. But if

646
00:40:35,905 --> 00:40:39,127
you want to avoid creating that demand, you can look for batteries that use lithium iron

647
00:40:39,167 --> 00:40:42,988
phosphate rather than lithium polymer

648
00:40:43,028 --> 00:40:46,550
or nickel-based or cobalt-based batteries. So

649
00:40:46,570 --> 00:40:50,232
you can do that. But at the end of the day, The

650
00:40:50,252 --> 00:40:53,453
car you have, drive it until it can't be a reliable car

651
00:40:53,493 --> 00:40:56,754
anymore and replace it with a used car that is

652
00:40:56,874 --> 00:41:01,216
as efficient as possible is almost always going to be the best choice. Electric

653
00:41:01,256 --> 00:41:04,797
vehicles, especially the used electric vehicle market is great right

654
00:41:04,857 --> 00:41:08,238
now. This is a fantastic moment in time to get a used EV.

655
00:41:09,299 --> 00:41:12,840
A used EV is going to be hands down always the most environmentally

656
00:41:20,543 --> 00:41:23,885
Yeah, true, true. Awesome. Is there anything, I

657
00:41:23,925 --> 00:41:28,187
know a lot happened last year, is there anything that we missed talking

658
00:41:28,367 --> 00:41:31,528
We have barely scratched the surface. Oh my gosh! I

659
00:41:31,568 --> 00:41:34,750
have not even talked about the usurping of the Secretary General of

660
00:41:34,770 --> 00:41:38,071
the International Space Agency. Yes, yes, let's talk about that, let's talk about that.

661
00:41:38,452 --> 00:41:42,233
So I think this is important because I think this is the biggest a

662
00:41:42,514 --> 00:41:45,936
policy change to happen in the ISA in the last eight years.

663
00:41:46,937 --> 00:41:51,240
So Michael Lodge was the previous Secretary General of the ISA. He

664
00:41:51,280 --> 00:41:57,084
took over in 2016. And he

665
00:41:57,204 --> 00:42:00,826
was very pro-mining. He

666
00:42:00,966 --> 00:42:04,369
really saw it as his mission to get the mining regulations done.

667
00:42:05,249 --> 00:42:09,435
and to get deep sea mining started under his watch. It

668
00:42:09,455 --> 00:42:13,041
seemed like he wanted that to be his legacy, which of course, if you're the Secretary General

669
00:42:13,061 --> 00:42:16,305
of the ISA who's tasked with creating a deep sea mining industry,

670
00:42:16,325 --> 00:42:20,249
of course that's the kind of legacy you want to create. His

671
00:42:20,289 --> 00:42:23,853
leadership was mired in a couple of scandals, which – all

672
00:42:23,873 --> 00:42:28,016
of which are like allegedly at this point, and

673
00:42:28,116 --> 00:42:31,980
the new secretary general has said that there will be investigations. We'll

674
00:42:32,000 --> 00:42:35,283
see how far that goes. There were accusations that he was

675
00:42:35,363 --> 00:42:39,387
cozying up with specific mining companies. and

676
00:42:39,447 --> 00:42:43,830
preferentially favoring them. There were accusations that he was passing privileged

677
00:42:43,870 --> 00:42:47,994
information on to third parties in those mining companies. There

678
00:42:48,014 --> 00:42:51,297
was accusations during the last election that he was attempting to

679
00:42:51,337 --> 00:42:54,800
bribe his opponent by offering her a job within

680
00:42:54,840 --> 00:42:58,703
the ISA if she would drop out of the election. And there

681
00:42:58,743 --> 00:43:02,587
were overall a lot of moments of dissatisfaction with

682
00:43:02,627 --> 00:43:06,904
his leadership, I think is probably the most diplomatic way to say it. His

683
00:43:06,944 --> 00:43:10,825
handling of the COVID pandemic wasn't particularly inspired.

684
00:43:12,666 --> 00:43:16,127
He actually, you know, I was at the very last in-person ISA

685
00:43:16,167 --> 00:43:19,608
meeting before the pandemic shut everything down. And

686
00:43:19,688 --> 00:43:23,189
the delegation for, this was February of 2020. The delegation

687
00:43:23,229 --> 00:43:27,091
from China had a long intervention where they basically said, this

688
00:43:27,151 --> 00:43:31,052
is going to be bad. We need to put provisions in place to have remote meetings. And

689
00:43:31,072 --> 00:43:34,233
the secretary general said, we are not equipped to have remote meetings and we will not do

690
00:43:43,346 --> 00:43:46,688
No, it was happening. The first cases were out. They knew. It

691
00:43:46,709 --> 00:43:49,891
was blowing up in Wuhan. They were like, this is bad. The first

692
00:43:49,911 --> 00:43:53,733
cases in Italy had hit, so they knew. And

693
00:43:53,773 --> 00:43:57,135
so because of that, they basically shut down negotiations for two years,

694
00:43:57,395 --> 00:44:00,477
obviously. And they put some provisions in place to

695
00:44:00,537 --> 00:44:03,718
have like sort of remote, but not really kind

696
00:44:03,758 --> 00:44:06,880
of sustaining meetings. But like, you know,

697
00:44:06,900 --> 00:44:10,482
I think generally speaking, a lot of delegations were dissatisfied with

698
00:44:10,522 --> 00:44:14,164
his leadership. And so there was a vote on the new secretary general

699
00:44:15,445 --> 00:44:20,955
at the last ISA meeting of 2024. Everyone

700
00:44:20,975 --> 00:44:24,277
thought it was going to kind of be a nail-biter and it was going to come down to like the

701
00:44:24,317 --> 00:44:28,040
pro-moratorium countries versus the pro-mining countries. But

702
00:44:28,060 --> 00:44:31,522
it actually ended up being a blowout and Secretary General Lodge

703
00:44:32,643 --> 00:44:36,665
was voted out of office and Secretary General Letitia Carvalho

704
00:44:36,725 --> 00:44:40,468
was voted into office. Secretary General Carvalho is

705
00:44:41,368 --> 00:44:44,410
going to be the first oceanographer to leave the ISA. She's a

706
00:44:44,450 --> 00:44:47,773
scientist. She worked for the

707
00:44:47,813 --> 00:44:51,477
UN Environmental Program, so she's a very seasoned administrator

708
00:44:51,517 --> 00:44:54,700
with these kinds of programs. And she's the first woman and

709
00:44:54,760 --> 00:44:58,064
the first Latin American to lead the ISA. So it's a very – MR

710
00:44:58,084 --> 00:45:01,347
PALLADINO She's from Brazil? MR KIRBY She's from Brazil, yes. So

711
00:45:01,387 --> 00:45:05,651
it is a very significant change in leadership that will really

712
00:45:05,791 --> 00:45:10,175
shape how the next four years of ISA negotiations go. I

713
00:45:10,215 --> 00:45:14,279
don't know how they will be reshaped yet because she's

714
00:45:19,043 --> 00:45:22,386
Started at the beginning of January. So we will see at the first ISA

715
00:45:22,426 --> 00:45:25,548
meeting what kind of changes we can expect to see.

716
00:45:26,249 --> 00:45:30,173
There seems to be, because she's an oceanographer and her experience with

717
00:45:30,994 --> 00:45:34,877
UNEP, there seems to be a bit more of a positive

718
00:45:34,917 --> 00:45:39,542
outlook when it comes to, as you mentioned before, of taking

719
00:45:39,602 --> 00:45:43,365
advantage of looking at policy before this

720
00:45:43,666 --> 00:45:47,439
extraction happens. and being proud

721
00:45:47,459 --> 00:45:51,282
of putting together a very comprehensive strategy and

722
00:45:51,722 --> 00:45:55,345
policy before we go out, especially because she's

723
00:45:55,385 --> 00:45:59,029
a science-based leader. Is that a

724
00:45:59,149 --> 00:46:02,271
fair assessment of what we're looking at? Do you feel the

725
00:46:03,812 --> 00:46:07,833
I think it's fair to say that she has a much better

726
00:46:07,853 --> 00:46:11,854
grasp on what the science is than the outgoing secretary-general. I

727
00:46:11,914 --> 00:46:15,375
think she is – and he was a private sector lawyer,

728
00:46:15,515 --> 00:46:18,815
so he had a very different skill set. She is a

729
00:46:18,995 --> 00:46:22,336
seasoned administrator with the UN, so I think there is

730
00:46:22,376 --> 00:46:26,457
going to be a much higher focus on science. the

731
00:46:26,537 --> 00:46:29,859
norms and protocols of UN programs that

732
00:46:30,539 --> 00:46:34,241
some people felt was lacking under the last leadership. I

733
00:46:34,261 --> 00:46:37,863
don't think she's a pro-moratorium person. I don't think she's, like, trying

734
00:46:37,883 --> 00:46:41,485
to shut down deep-sea mining. I know some people are like, oh, yay, the environmentalists

735
00:46:41,605 --> 00:46:45,407
won. I think she is going

736
00:46:45,447 --> 00:46:49,269
to be the kind of secretary general where we're going to see the best possible mining

737
00:46:49,329 --> 00:46:52,811
code get codified under her watch. And a

738
00:46:52,851 --> 00:46:56,152
lot of people won't be happy with the best possible mining code because they didn't want any

739
00:46:56,192 --> 00:46:59,334
mining code at all. But the best possible mining code is a heck of

740
00:46:59,354 --> 00:47:02,635
a lot better than what was coming out under the

741
00:47:04,456 --> 00:47:07,938
How many times have you and I and other scientists have looked

742
00:47:08,018 --> 00:47:11,499
at previous extractive activities or other extractive

743
00:47:11,539 --> 00:47:14,667
activities and be like, oh, if we only… you know, had these types of

744
00:47:14,767 --> 00:47:18,088
regulations before it started, then it would have been

745
00:47:18,148 --> 00:47:22,209
– the precedent would have been there and we could fine-tune

746
00:47:22,989 --> 00:47:26,150
So this is … Here's something wild. Here's something that we've never

747
00:47:26,190 --> 00:47:29,831
seen before with the new industry. There's an environmental fund

748
00:47:36,378 --> 00:47:39,581
Well, the companies, and so, you know, it's weird because there's

749
00:47:39,601 --> 00:47:43,543
private companies that deep sea mine, there's also countries. Ah, gotcha. And

750
00:47:43,563 --> 00:47:46,706
so they're both kind of working in tandem. And also the ISA gets to have its own

751
00:47:46,746 --> 00:47:50,508
mining company too, which is a whole other story. Yeah, that's

752
00:47:50,568 --> 00:47:53,670
interesting. Okay. So there's a lot of entities that are

753
00:47:53,690 --> 00:47:57,053
doing the mining, but if there's a pre-funded environmental fund,

754
00:47:57,493 --> 00:48:01,996
that means when accidents happen, there's already money available for remediation. And

755
00:48:02,016 --> 00:48:05,879
that's not something we've really seen before at this scale ever. So

756
00:48:05,919 --> 00:48:09,542
just simple things like that. Yeah, exactly. Yeah,

757
00:48:09,702 --> 00:48:13,605
it's penalize them after the fact, not pre-fund. So

758
00:48:13,645 --> 00:48:17,007
those are the kinds of things that I think they lead

759
00:48:17,067 --> 00:48:20,330
to a better – and I'm not like – I'm not

760
00:48:20,370 --> 00:48:23,692
a super big industry naysayer and I'm also not super rah, rah,

761
00:48:23,712 --> 00:48:28,617
rah, let's go mine. acknowledge

762
00:48:28,757 --> 00:48:32,518
begrudgingly that there may need to be a path forward that involves the

763
00:48:32,538 --> 00:48:35,779
deep ocean if battery chemistries don't catch up and

764
00:48:36,339 --> 00:48:40,199
if we do genuinely need these metals. And

765
00:48:40,259 --> 00:48:43,680
like, let's do the best thing we can. Yeah,

766
00:48:43,760 --> 00:48:46,941
if we can make the regulations as good as possible. And if you

767
00:48:46,981 --> 00:48:50,221
know the negotiation to get those regulations as good as possible takes so long,

768
00:48:50,261 --> 00:48:53,847
the battery technology catches up. Great. Yeah.

769
00:49:01,529 --> 00:49:04,849
I love this. So this was huge. We'll

770
00:49:04,869 --> 00:49:08,090
stop the interview here. I'd like to invite you back for a part

771
00:49:08,150 --> 00:49:11,571
two, because there's more information that we're going to be talking about

772
00:49:11,651 --> 00:49:15,012
with deep sea mining. And I would like to invite you back, to

773
00:49:15,052 --> 00:49:18,352
be honest, Andrew, on a regular basis. because there's so much going on

774
00:49:18,372 --> 00:49:22,033
in the world right now, especially in the US, with ocean policy

775
00:49:22,353 --> 00:49:26,834
that we're going to be covering at least over the next four years and

776
00:49:26,874 --> 00:49:30,255
seeing what's happened. And of course, we did an episode previous

777
00:49:30,295 --> 00:49:33,995
to this on your article regarding all the different policies

778
00:49:34,015 --> 00:49:37,836
that were changed in President Trump's first day after

779
00:49:37,876 --> 00:49:41,157
the inauguration. So we're going to be discussing a lot of that over this

780
00:49:41,177 --> 00:49:44,297
time and the effect that it'll have Not only on the deep sea, but

781
00:49:44,337 --> 00:49:47,618
just on the ocean in general and on people as well. And we'll have a number

782
00:49:47,638 --> 00:49:50,719
of different experts that come in to discuss it, but we would love for you to

783
00:49:50,759 --> 00:49:54,160
come back and help us out to detangle everything. So that'd

784
00:49:54,180 --> 00:49:57,862
be really great. So thank you so much for coming on this time. Appreciate it. You're

785
00:49:57,902 --> 00:50:01,590
very welcome and thank you for having me. Thank you, Andrew, for joining me on today's episode

786
00:50:01,810 --> 00:50:05,073
of the How to Protect the Ocean podcast. So much stuff happened, we

787
00:50:05,093 --> 00:50:08,196
didn't even get to cover, we're just scratching the surface. So we're gonna have

788
00:50:08,236 --> 00:50:11,559
him back on to get another update on what happened in 2024 and

789
00:50:11,599 --> 00:50:15,122
what continues to happen as we go along. New leadership, which

790
00:50:15,182 --> 00:50:18,365
is great to see, only 22 days in, so we're gonna see what

791
00:50:18,405 --> 00:50:22,028
happens having an oceanographer. as a leader uh and

792
00:50:22,188 --> 00:50:25,409
and to see like what's going to happen are we going to take advantage of this and

793
00:50:25,449 --> 00:50:28,551
say hey we can come up with the best type of uh

794
00:50:28,671 --> 00:50:32,053
of policies the best type of regulations before we start this

795
00:50:32,113 --> 00:50:35,354
extractive process if we're going to start it and if we're going to see if it's even

796
00:50:35,434 --> 00:50:38,556
worth it with the advancement of batteries the way it

797
00:50:38,616 --> 00:50:41,677
goes so much is happening so quickly we're going to keep you up

798
00:50:41,717 --> 00:50:45,120
to date in the future But until then, if you have any questions or comments

799
00:50:45,260 --> 00:50:48,402
about the episode, you have questions for Andrew that maybe the next

800
00:50:48,422 --> 00:50:51,604
time he's on, he can answer, I can ask him, please let me know.

801
00:50:51,664 --> 00:50:55,207
Just hit me up on Instagram at HowToProtectTheOcean. And

802
00:50:55,227 --> 00:50:58,889
if you have a question or comment and you're watching this on YouTube or Spotify, just

803
00:50:59,150 --> 00:51:02,432
put your question and comment in the comment section

804
00:51:02,472 --> 00:51:06,095
below. And of course, don't forget to subscribe and hit that notification

805
00:51:06,135 --> 00:51:09,317
bell if you haven't already to get all of our episodes. We put out

806
00:51:09,457 --> 00:51:13,261
Monday, Wednesday, and Friday every week. Enjoy. This

807
00:51:13,301 --> 00:51:16,466
is the end of this episode. I hope you enjoyed it. I'm your host Andrew Loon. Thank

808
00:51:16,486 --> 00:51:20,072
you very much for joining us on today's episode of the How to Protect the Ocean podcast. Have