I can tell you this thing stunk on steroids all along and I've personally been against it since I learned of it under Clinton. Oh it's gotten worse for meaning in recent years, but all along it's basically been about removing the whole "open" concept from the term 'Open Waters' and bringing the Nationals into International Waters. In theory, we could have found ourselves having to ask UN clearance to sail a Carrier group across the Pacific. In theory..
What wan't theory was Russia literally planting a flag, as underwater planting goes, on the Arctic Circle for mineral claims and this new definition
of lines would have made their day for making that case with legal legs on it. I believe China also has a dispute or two this would have helped define
in their favor. At any rate....for Global Governance, it's been floating since Ronald Reagan and unlike wine, this pig didn't improve with age.