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Global Companies Back Environmental Call for Pause on Deep-Sea Mining 01/04/2021
Black coral species Umbellapathes litocrada. Photo: NOAA Office of Ocean Exploration/Handout via Reuters/File Photo
Google, BMW, AB Volvo Group and Samsung SDI are the first global companies to sign up to a World Wildlife Fund (WWF) call for a moratorium on deep–sea mining, likely shrinking the potential market for deep–sea minerals harvested for our cars and smartphones.
The move away from fossil fuels to electrify the global economy is creating ever-increasing demand for the materials that go into batteries, some of which are found on the seabed whose ecosystems have yet to be fully explored.