The UN is looking for an independent and endless source of funds to finance their agenda. It's eye is on Alaska's offshore deposits. This would be a jackpot acquisition. It should be for the U.S..
actually if anyone has actually read and knows about the UNCLOS they would know that the arctic borders being adopted are those which ALREADY EXIST UNDER PRESENT TREATY. (old USA and USSR now Russia rules are being followed regardles of this new treaty)
Thus even without the LOST the end result is the same.
As far as I can see,
the goals of the UN seem to coincide quite tightly with the goals of Islam.
IMPEACH PELOSI AND REID NOW!!!
Obama is at the forefront of that effort, being the apex of the domestic anti-American and marxist movement in this country. They go hand in hand with the UN because they are cut from the same cloth and have the same goals.
Does anyone know if McCain was for the LOST treaty? Does he agree with Bush on this?
Well, I guess they discovered it, then.
There was the “Great Generation” and then there is us ...
No, it's absolutely maddening that the public has concluded this vast treasure will remain untouched. Stupid morons! Complaining all day long about the price of gas, but unwilling to do anything about it like vote these RATS out of office. Absolutely maddening.
LOST grants every coastal Nation an EEZ(exclusive economic zone) of 200 nautical miles, whether or not the shelf extends out that far. Obviously, in certain places, two nation's EEZ can overlap, such as between Cuba and the US. In such cases a boundry line is negotiated, such as it was between Cuba and the US.
In the case of Alaska, the US's EEZ extends out 200 N. miles from Prudhoe Bay and ANWR. And it is thought that the shelf may extend out 600 miles there. OTOH, in the Bering Straits, the US and Russia have overlapping claims.
Additionally, if a nation has a shelf that extends out beyond the EEZ, and the technical data supports it, a nation can claim that also. In certain places, there can be overlapping claims on these submerged lands. Russia, Canada, and Denmark all have claims to the Lomonosiv Ridge in the Arctic Ocean. Though the US has no claims on the Lomonosov Ridge, it is in the US's interest for that to remain international waters, or under the supervision of the UN.
US firm lays claim to potentially vast Arctic oil resources
The article title says "lays claim", but the article says applied to the UN to develop those submerged lands. The seabed can be developed, but a royalty must be paid. A very reasonable royalty. Back then, when Reagan/US and other nations didn't sign the treaty, the royalty was much too high. After the royalty was lowered, all Nations(excluding the US) signed the treaty.
btt