US companies cannot secure rights to build offshore wind platforms until US ratifies UNCLOS
Currently, proposed offshore wind projects are located within the territorial waters. But as technology improves and the incentives for wind power increase, installations will be pushed further offshore into what would be the EEZ. But before such development can be contemplated, UNCLOS must be implemented to secure the rights to develop wind power and provide clarity in the law that governs such sites. The rights currently enjoyed by the United States to its continental shelf are not sufficient to adequately protect the exclusive and positive right to develop offshore wind projects in those waters. But ratification of UNCLOS will guarantee U.S. rights to develop the EEZ.
Related argument(s) where this quote is used.
Future growth of offshore wind power industry in the United States depends on legal protection and arbitration available under UNCLOS.Related Quotes:
- US ratification of UNCLOS necessary to secure US interests in the development of offshore wind power
- US can only take advantage of offshore wind possibilities if it ratifies UNCLOS
- US companies cannot secure rights to build offshore wind platforms until US ratifies UNCLOS
- Even within EEZ, uncertainty over rights provided by customary international law as opposed to UNCLOS is stymieing offshore wind power development
- US should ratify UNCLOS to enable the offshore wind energy industry to flourish