The Obama Administration is pushing for accession to the UN Convention on the Law of the Sea, but Steven Groves of the Heritage Foundation says this would be a mistake, and here explains why: “The UN Law of the Sea Treaty is dangerous because it would require the U.S. to transfer billions of dollars in oil and gas royalties generated on our continental shelf to an international organization in Kingston, Jamaica. It would sacrifice American sovereignty by opening us up to a wide range of frivolous environmental lawsuits that would punish American companies. Instead of agreeing to this international power grab, the United States should develop its oil and gas resources as a sovereign nation, making bilateral treaties with neighboring countries when necessary.”
August 28, 2012 by CFACT,
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