December 8, 2013

Rushing for the Arctic's Riches

Michael Klare, New York Times

The Associated Press

For all of its promise, the Arctic is not likely to surrender its resources easily. Sea ice covers much of the area in winter, and storms pose a constant danger. Global warming is likely to reduce the extent of sea ice in the summer and fall, permitting extended drilling operations, but it could also produce unruly weather and other perils. Adding another layer of risk, many of the boundary lines in the Arctic remain to be fully demarcated, and various Arctic powers have threatened to use military force in the event that one or another intrudes on what they view as their sovereign territory.

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TAGGED: Finland, Greenland, Denmark, Iceland, United States, Canada, Russia, Arctic

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