The trillion-dollar race to mine the ocean floor | Four Corners Documentary

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The race is on to find the minerals we need to enable the world’s transition to clean energy, and vast reserves of those minerals lie untouched at the bottom of the Pacific. But, while mining them could fuel our green future, scientists warn it risks catastrophic damage to our oceans. Enter Australian entrepreneur Gerard Barron, the founder and CEO of The Metals Company. He wants to extract potato-sized balls called polymetallic nodules from the seabed and believes they could be worth trillions of dollars. His project has gained political momentum after US President Donald Trump signed an executive order supporting seabed mining, even in international waters. The United Nations affiliated agency responsible for regulating the exploitation of the world’s deep-sea resources says mining under US permits would be unlawful and undermines global cooperation. With no clear rules in place, and the stakes higher than ever, the future of deep-sea mining is now a global flashpoint. Reporter Mark Willacy travels from Jamaica to Tonga to Washington D.C. to investigate the battle over who controls the ocean, who profits from its resources, and what the world could stand to lose. Race to the Bottom is a stunning film that reveals a growing divide between political ambition, corporate interests and environmental responsibility. CHAPTERS 00:00 - Old, rare and strange creatures 02:30 – The Abyssal Zone 04:35 – Jamaica 06:55 – What is deep sea mining? 07:24 – Who is Gerard Barron? 11:23 – The Clarion-Clipperton Zone 11:30 – International Seabed Authority 18:28 – China 18:50 – Trump and mining 19:50 – Whales in Tonga 26:25 – The Metals Company 31:10 – CSIRO 33:00 – ‘Dark Oxygen’ 39:50 – The financial potential 41:48 – Nautilus minerals 44:20 – The risks of mining Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustralia