Arctic Gold Rush: The New Race for Tomorrow's Natural - download pdf or read online

By Roger Howard

ISBN-10: 1441181105

ISBN-13: 9781441181107

An exploration of the political value of the Arctic's mammoth untapped wealth of common assets, and a gripping account of the race to take advantage of them
On August 2, 2007, a Russian submarine captured international headlines via creating a risky trip to the ground of the Arctic seabed and planting a steel, rustfree nationwide flag greater than 14,000 toes underneath the North Pole. the purpose used to be to claim Russia's criminal sovereignty over a quarter whose value had just recently began to develop into obvious as its melting ice had made, or used to be anticipated to make, great traditional assets open to exploitation.

The most recent estimates are that the sector holds round thirteen% of the world's undiscovered oil and up to 30% of undiscovered traditional gasoline reserves that might be highly ecocnomic for any nation that controlled to safe regulate over them. Gold, platinum, copper, and different beneficial metals have additionally been came upon alongside the coast. Neighboring nations ― Russia, the USA, Canada, Denmark, and Norway ― are already doing every thing they could to mark out new borders. the resultant political disagreements over the difficulty are already rife. particularly, video games of political intrigue among Moscow and Washington are being performed out within the zone. yet because the world's assets develop into more and more scarce and precious, may possibly the scramble for Arctic assets turn into violent? may perhaps a "War for the Arctic" be fought?

Praise for The Oil Hunters:

"The Dramatic Days of oil exploration within the first half the twentieth century are narrated in gripping style by means of Roger Howard." -The Spectator

"A attention-grabbing tale for somebody attracted to considered one of cutting-edge major monetary difficulties: easy methods to lessen the masses of billions that american citizens spend each year to import oil...the booklet is filled with intrepid geologists, risk-averse enterprise humans, hardup Mideast rulers and creative promoters- all focused on using up profits."-The linked Press

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Extra info for Arctic Gold Rush: The New Race for Tomorrow's Natural Resources

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In other words, even if we suppose that the Arctic is completely devoid of natural resources, the region’s increasing strategic importance could still exacerbate a state of mistrust between rival countries. Moscow could conceivably step up its military presence there, establishing what its Security Council chiefs have called ‘a main † The ‘Arctic Eight’ are Russia, the United States, Canada, Norway, Denmark, Iceland, Finland and Sweden. A Looming Resource War? 27 Or it is possible to imagine several foreign ships sailing, without Moscow’s permission, towards the Vilkitsky Strait, a vital link between the Kara and Laptev Seas, and, at a moment of high international tension, the Russian authorities then taking preventive action to thwart an attack that they feel sure is imminent (Map 2).

Initially everything went well for the USS Polaris and its crew of 35 men, who safely reached the coast of Greenland and established a base camp. But it was not long before tragedy struck. Hall became violently ill and died in agony. His second-in-command took over, but, although a very able and experienced seaman, he was unable to prevent the Polaris from being surrounded and nearly crushed by huge packs of ice. In the ensuing chaos, about half of the crew jumped ship for the relative safety of the ice floe while the others stayed determinedly on board, drifting with the vessel for several more days before it finally ran aground.

At seven in the morning we close upon the piling masses of ice . . down we went with the gale again, helplessly scraping along a lee of ice seldom less than thirty feet thick . . one upturned mass rose above our gunwale, smashed our bulwarks and deposited a half ton of ice in a lump upon our decks. 3 His voyage ended in near disaster when, in May 1855, he was forced to abandon his 140-ton brig, the Advance, and with his crew undertook a heroic north-easterly trek to reach the sanctuary of Upernavik, on Greenland’s west coast.

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Arctic Gold Rush: The New Race for Tomorrow's Natural Resources by Roger Howard

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