Red, Green & Blue: Will Polar Oil Race Launch a New Cold War?
The Arctic is heating up in more than one way, as we saw last week when Russia planted its flag on the seafloor below in an apparent move to establish a claim to the ample oil and gas reserves buried beneath.
What’s disastrous for polar bears and Inuit subsistence hunters is emerging as a potentially huge — and destabilizing — fossil-fuel rush for the nations bordering the Arctic Ocean as the polar ice melts.
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