Recent News

"This analysis of the Law of the Sea Treaty will focus on the threats to political independence, particularly as they relate to environmental policy, and to threats to security."
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The author discusses the opportunities the offshore oil and gas industry has to break boundaries provided by "Exclusive Economic Zones" off the coasts of all our nations and take exploration beyond the traditional 200-mile limit. The means by which this can and will be accomplished is the 1982 United Nations Convention on the Law of the Sea (LOS).
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The author argues that the U.S. should ratify the Law of the Sea agreement, finding that " the mini-debate over the last month about the Law of the Sea treaty reflects a generalized concern about multilateral organizations far more than specific concerns about this agreement."
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Doug Bandow argues against ratifying the Law of the Sea, arguing that the treaty "is a flawed document, and there would be serious costs from accepting it."
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The author criticizes efforts to bring the Law of the Sea up for vote finding that the treaty is based in "an assumption that the free-market system is selfish; that capitalism benefits only capitalists and cannot be controlled to make it benefit society in general."
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