Deep Sea Mining's Impact on $560 Billion Land Extraction

The Threat of Deep Sea Mining

Deep sea mining presents a formidable risk to $560 billion in land extraction values worldwide. While proponents argue for economic benefits, Planet Tracker's report indicates that even under ideal circumstances, the activity would yield just $6.25 million in tax revenue for involved nations.

Environmental Concerns

• Habitat Destruction: Deep sea mining disrupts marine ecosystems.
• Pollution: Risk of toxic materials entering the ocean.
• Resource Depletion: Unsustainable extraction of valuable minerals.

Economic Implications

1. Minimal Tax Revenue
2. High Ecological Costs
3. Impact on Land Extraction Profits

As countries consider these implications, the long-term consequences of deep sea mining are still unfolding.