Resource Rush in the Arctic? Geopolitics, Climate Change and a Newly Independent Country
▻http://www.ecc-platform.org/index.php?option=com_k2&view=item&id=5054:resource-rush-in-the-arctic-
The vast quantities of resources that lie buried under the Arctic ice will become easier to exploit as the ice melts: 30% of the world’s unexplored gas and 13% of oil reserves according to estimates of the U.S. Geological Survey, along with considerable amounts of other non-energy minerals.
A new resource rush in the Arctic?
Worldwide, the consumption of fossil fuels and other natural resources continues to rise. Additionally, several resource exporting nations today are high risk suppliers – the current crisis in Ukraine is a telling example – thus reigniting interest in the Arctic.