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groovedaddy

(6,229 posts)
Wed Sep 19, 2012, 01:22 PM Sep 2012

Race Is On as Ice Melt Reveals Arctic Treasures

NUUK, Greenland — With Arctic ice melting at record pace, the world’s superpowers are increasingly jockeying for political influence and economic position in outposts like this one, previously regarded as barren wastelands.

At stake are the Arctic’s abundant supplies of oil, gas and minerals that are, thanks to climate change, becoming newly accessible along with increasingly navigable polar shipping shortcuts. This year, China has become a far more aggressive player in this frigid field, experts say, provoking alarm among Western powers.

While the United States, Russia and several nations of the European Union have Arctic territory, China has none, and as a result, has been deploying its wealth and diplomatic clout to secure toeholds in the region.

“The Arctic has risen rapidly on China’s foreign policy agenda in the past two years,” said Linda Jakobson, East Asia program director at the Lowy Institute for International Policy in Sydney, Australia. So, she said, the Chinese are exploring “how they could get involved.”

http://www.nytimes.com/2012/09/19/science/earth/arctic-resources-exposed-by-warming-set-off-competition.html?nl=todaysheadlines&emc=edit_th_20120919

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Race Is On as Ice Melt Reveals Arctic Treasures (Original Post) groovedaddy Sep 2012 OP
f.u. china leftyohiolib Sep 2012 #1
How sick is that pscot Sep 2012 #2
Poe's Law becomes more relevant every day! malthaussen Sep 2012 #3

malthaussen

(17,184 posts)
3. Poe's Law becomes more relevant every day!
Wed Sep 19, 2012, 07:04 PM
Sep 2012

Seriously, this kind of headline would have been a joke only a few years ago. I am fascinated to have lived to see unbridled capitalism at its finest.

-- Mal

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