Judi Lynn (75,824 posts)
David Cameron says seabed mining could be worth £40bn to Britain
Source: Guardian
David Cameron says seabed mining could be worth £40bn to Britain
Prime minister says UK can be at head of industry but chooses American defence firm to exploit new Pacific licence
Terry Macalister
The Guardian, Thursday 14 March 2013 14.39 EDT
David Cameron has pledged to put Britain at the forefront of a new international seabed mining industry, which he claimed could be worth £40bn to the UK economy over the next 30 years.
But the prime minister has chosen an American defence company – Lockheed Martin – to spearhead the drive to collect from the depths of the ocean the copper, nickel and rare earth minerals used in mobile phones and solar panels.
Russia and China also have licences to "mine" the ocean bed but Cameron said on Thursday: "With our technology, skills, scientific and environmental expertise at the forefront, this demonstrates that the UK is open for business as we compete in the global race."
Speaking at a launch at the Excel Centre in London's Docklands, he said talks were already under way with a potential supply chain of up to 100 British companies, even though the main activity will take place off the west coast of America.
Read more: http://www.guardian.co.uk/business/2013/mar/14/david-cameron-seabed-mining-worth-40bn
Phlem (1,121 posts)
2. This is a BAD idea!
Environmental impact to say the least but there have been great extinctions in the past during man's youth where 99% of their sustenance came from the sea. That's just one reason.
-p
Smilo (1,760 posts)
3. Cameron is such a tool
and such a kowtowing s.o.b. to any corporation.
He is working so hard at destroying Britain and sadly most Brits don't even realize it.
If memory serves DU was rapturous when cameron was elected in a blow to his Bush-friendly predecessor.
It seems to happen quite a lot to them. They support a personality only to find that person ends-up doing something somewhat remotely beneficial to their constituents and DU cuts loose with a hideous fury of indignation and outrage.
Or they're just morons who drift from one moment of hate to another because somebody made a dollar while they sat-around whining all day.
blkmusclmachine (2,243 posts)
4. Looks like they're intentionally TRYING to destroy the planet.
These are one sick pack of SOB's.
IMO
Or they want people to have high-paying jobs while providing resources that are useful for society as a whole and providing much-needed tax revenue.
...
NAH! That couldn't possibly be it!
KILL-PLUNDER-GAEARAPE-BLURBLE-ARRRRGH!!!!
aquart (67,303 posts)
5. The British Isles need edible fish.
Really they do.
They could always
trot out for what they think is beef.
http://www.democraticunderground.com/1014425202
