The Law of the Sea Treaty (LOST, for short) never did get ratified, despite SERIOUS efforts by the various Progressive/Liberal/Leftist/Socialist/Etc. groups. What is LOST? (Admittedly, the source at the link REALLY doesn't like the treaty, but it is a fair summary of it, and its potential consequences).
The Law of the Sea Treaty calls for technology transfers and wealth transfers from developed to undeveloped nations. It also requires parties to the treaty to adopt regulations and laws to control pollution of the marine environment. Such provisions were among the reasons President Ronald Reagan rejected the treaty in 1982. As Edwin Meese, U.S. Attorney General under President Reagan, explained, "...it was out of step with the concepts of economic liberty and free enterprise that Ronald Reagan was to inspire throughout the world."
In additional to the economic provisions, the treaty also establishes specific jurisdictional limits on the ocean area that countries may claim, including a 12-mile territorial sea limit and a 200-mile exclusive economic zone limit.
Well, the LOST-pushers - um, LOST. But, like any good vampire, the backers don't give up - they rise from their coffins, and again attack!
This time, they're using the high-minded Protection of the Environment angle. (Link is to the UN resolution).
an international legally binding instrument under theUnited Nations Convention on the Law of the Sea1 on the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction.
The parts about resource-sharing (i.e., those that DIDN'T spend a dime obtaining those resources still have a claim to the $$$$$), technology-sharing (oh, how WELL other countries share with us; unfortunately, much of our "sharing" is involuntary).
But, will it pass?
Not to worry, as the British used to say! The Obama administration won't let pesky things like Separation of Powers stop them from implementing their Very Good Ideas (VGIs). For example:
The Administration has already anted up domestically on some of the big-ticket possibilities under discussion, with, among other things, its huge expansion by executive order in September 2014 of the Remote Pacific Islands National Marine Monument in the central Pacific Ocean into a half-million-square-mile oceans preserve.
U.S. environmental groups are lobbying now for additional marine monument areas off the coast of New England, site of some of the U.S.’s most important Atlantic fisheries.
Such preserves—known as marine protected areas or MPAs, in Law of the Sea jargon—are a major focus of attention for the U.S.-based Pew Charitable Trusts, which has been lobbying governments around the world for years to create them.
In other words - you silly states and commonwealths, you think you control the areas given to you? Na-nah. Big Daddy Fed is in charge of it ALL.