SMRs and AMRs

Friday, January 30, 2009

Trading oil for polar bears

Security Concerns Rising As Arctic Thaw Spurs Race For Oil

by Bruce Pannier

Many see the problem of global warming and the melting polar ice caps as a looming ecological disaster.

Others, however, see it as an opportunity -- a chance to gain access to lucrative energy deposits long hidden under layers of Arctic ice.

NATO officials meeting in Reykjavik -- including Secretary-General Jaap de Hoop Scheffer and John Craddock, the supreme allied commander in Europe -- say the race for the Arctic poses serious new security threats.

The United States, Russia, Canada, Norway, Denmark, and other interested parties are all attempting to claim jurisdiction over the opening Arctic territory. The Reykjavik meeting aims to discuss the possibility that disputes over shipping routes may turn into military conflicts.

Russia has already spent years jockeying for position.

Moscow asserts that it has the right to control an area equivalent to the size of France. As early as September 2008, President Dmitry Medvedev was calling for clear legislation on his country's activities in the Arctic.

"Our priority task is to turn the Arctic into Russia's resource base of the 21st century," Medvedev said. "In order to fulfill this task, we should first resolve a number of special issues. The main issue is to ensure and firmly defend Russia's national interests in that region."

(More here.)

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