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Reply #28: Money to be made with continued warming!! [View All]

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N_E_1 for Tennis Donating Member (437 posts) Send PM | Profile | Ignore Sun Nov-29-09 08:36 AM
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28. Money to be made with continued warming!!
Can't these people see the irony in their situation? Maybe this will be the "last gold rush"


Global warming is melting the fringes of the frozen world where Greenland's Inuits have hunted seal, whale and polar bear for generations.
It's thawing the permafrost on which their homes are built. It's disrupting Arctic wildlife and fish stocks, and making hunting trips more
dangerous by thinning the ice that supports their dog sleds.

But all is not doom and gloom. The retreating ice could uncover potential oil and mineral resources which, if successfully tapped, could
dramatically change the fortunes of this semiautonomous Danish territory of 57,000 people.

The U.S. Geological Survey estimates there are more than 18 billion barrels of oil and gas beneath the Arctic waters between
Greenland and Canada, and 31 billion barrels off Greenland's east coast.


For the full story and it would be worth your time. That is one long link!! ;_ylt=At._PZEArY0LtOYwK8QtRTGs0NUE;_ylu=X3oDMTRkYnBjZjR2BGFzc2V0A2FwLzIwMDkxMTI3L2V1X2NsaW1hdGVfMDlfZ3JlZW5sYW5kX3NfaGlkZGVuX3RyZWFzdXJlBGNjb2RlA21vc3Rwb3B1bGFyBGNwb3MDOQRwb3MDNgRwdANob21lX2Nva2UEc2VjA3luX2hlYWRsaW5lX2xpc3QEc2xrA2luZ3JlZW5sYW5kdw--
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