Search

The Arctic economy – The daily blog of behavioral and cognitive economics

  • Share this:
The Arctic economy – The daily blog of behavioral and cognitive economics

Why We Need More Icebreakers

Below, you can see a shrinking Arctic ice and snow cover: Less ice in the Arctic means more shipping traffic. Asked what so barren an expanse hides beneath its surface, we could say massive wealth. Including titanium, palladium, nickel, cobalt, and zinc and oil and gas, the list of minerals is long. We could also name the natural resource laden Lomonosov Ridge (an undersea mountain, covering as much as 1,100 miles and rising to 12,000 feet) that Russia, Canada, and Greenland each say belongs to them. In addition, as its ice melts, the Arctic will become a handy shipping shortcut. ….[READ]

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by budgetbuddy.
Publisher: Source link