Emmanuelle: The U.N. (laughs).
Scott: That would be a radical move.
Bill: Well, look we already are having the Congress in the United States look again at a treaty, the Law of the Seas T reaty. The Law of the Seas treaty was originally drafted and signed by most of the world's nations 30 years ago, but the United States never signed it.
Rita: Typical.
Scott: Yeah, because we're "exceptional.
Bill: So, finally, the Congress has decided maybe now is the time for us to sign the Law of the Seas treaty. But, what's interesting about the Law of the Seas treaty is that the rights to mine the minerals at the bottom of the sea and the rights to fish in certain oceans will have a payment and the payment will be made to a central authority and the money will be used for developing nations. (It will be a payment for the privilege of using the Commons!)
Emmanuelle: Well, the money may not make it to those nations"Don't give any money to the U.N. because, well, you know...
Scott: Because of the bureaucracy.
Emmanuelle: Bureaucracy is a ( polite) way of putting it.
Bill: Well there are so many agencies in the U.N. that it would be hard to generalize.
Emmanuelle: Some are better than the others...it's true. It's true.
Bill: So I guess the real question is if this new agency were to collect rent from this new Law of the Seas treaty, how well administered would the agency be that distributed all that money?
Timothy: I'm pretty sure someone would have a bit of influence over that thing and would take out some of the money for themselves.
Bill: You're right. It's very possible.
Timothy: Because I don't think they could equally share everything, or for somebody who is really in need.
Bill: I don't know enough how it would work and I suspect that most of the designers don't know how it would work.
Next Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
1
1
1
