Riches await as Earth's icy north melts, by Doug Mellgren

This article discusses the international race for oil, fish, diamonds and shipping routes in the Arctic. The polar ice cap is melting faster than anywhere on earth, due to greenhouse gases. This is catastrophic for both wildlife and the native inhabitants, who depend on frozen waters. But some see the transformation of the Arctic ecosystem as an opportunity to make lucrative profits.

This has motivated governments and businesses to scramble for control of the area. Norway is already planning to tap for oil and gas in the Barents sea. In addition, Arctic warming could open up new sea routes from Europe to the Far East and to Alaska. The possibility of a new north-west passage has focussed attention on Hans Island, a half-square mile rock which, for strategic reasons, is being claimed by both Denmark and Canada. As well as this dispute, Norway and Russia have issues in the Barents Sea, the USA and Russia in the Beaufort Sea and the US and Canada over the north-west passage.

The scramble is exacerbated by the fact that the ice cap could melt in 10-15 years, not 100 as previously thought. Furthermore, fish stocks are moving further north to colder waters and Norway and Russia have already clashed over fishing rights.

Finally, the article highlights, firstly, the environmental concerns, from the risk of oil spills to the introduction of alien organisms, associated with the Arctic melt, and, secondly, concern over the rights of the Arctic's indigenous peoples.

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