Business Opportunities in the Arctic?!

Sounds a bit unbelievable, but it's true. By the study report of British embassy in Helsinki Arctic has plenty of natural resources and open up business opportunities. It contains 22% of world’s undiscovered oil/gas and ‘large untapped reserves’ of gold, coal, etc... 

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Did report say something about  how expensive is it to extract?:)

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Arctic experiences one of its warmest winters ever and scientists are worried... Why these guys didn't make report about protect Arctic and world from global warming?

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Because no-one cares. Of course they say they do, but reality is different.

7 minutes ago, Petar said:

Why these guys didn't make report about protect Arctic and world from global warming?

Because no-one cares. Of course they say they do, but reality is different.

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I think, people care, governments don't. Money talks. 

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It's not unbelievable, it's a well-known fact. And exploration costs are falling as the weather gets warmer. Still, they are not as competitive as resources elsewhere, which is why we are not seeing an Arctic race. Yet.

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On 2/27/2018 at 4:24 PM, Petar said:

Arctic experiences one of its warmest winters ever and scientists are worried... Why these guys didn't make report about protect Arctic and world from global warming?

Climate change does not respect borders...

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