Global players are eyeing the region as a new 'no man’s land' that is up for grabs via POLITICOEurope
by both NATO and Russia are becoming increasingly routine in Arctic areas, and both sides are expanding and updating their icebreaker fleets, seen as key to exerting military influence in Arctic waters.
“China is attempting to gain a role in the Arctic in ways that may undermine international rules and norms, and there is a risk that its predatory economic behavior globally may be repeated in the Arctic,” according to a U.S. government report published in June.Melting glaciers in the Arctic are exposing more land for potential exploitation. Meanwhile, the retreat of sea ice is also making it easier to access offshore resources, from natural gas to fish, and get onshore resources to market.
over the years, are set to be among main beneficiaries of a warming world as a new wave of development hits the melting north. Offering sightings of the northern lights and authentic interactions with local communities, these megaships are selling an experience made more valuable by the precariousness of the Arctic’s survival and its disappearing glaciers.
“The sheer scale of what could happen if a megaship with thousands of guests full of heavy fuel oil were to run aground, that’s a picture you don’t even want to consider,” Ege said. The massive cost involved in staving off the worst of climate change, including in the Arctic itself, is also a major barrier to any effort to save it — as are climate-skeptic politicians. When a U.S. government report found that climate change will cost the U.S. hundreds of billions of dollars annually and lead to a host of expensive health issues, President Donald Trump said he didn’t believe it.In a word, badly. Environmentalist groups say they feel their warnings are not being heeded.
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