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Posts tagged “UN”

By Andrew Holland on May 14, 2012 with 6 responses

Race for Arctic Energy Resources Shows Need for U.S. to Ratify Law of the Sea Treaty

As I have been researching and writing about Arctic energy development recently, there’s one important – and easy – policy prescription that often comes up: joining the UN Convention on the Law of the Sea (UNCLOS). As I mentioned in my article, “Energy Development in the Arctic: Threats and Opportunities” the USGS estimates that the Arctic region has 22% of the world’s undiscovered energy resources – and 84% of those resources are expected to occur offshore (so 18.5% of the undiscovered resources are on or under the Arctic seabed).

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