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by TerraPass Fred Krupp, president of the Environmental Defense Fund, recently returned from a trip to the Arctic with a group of environmental, political, and business leaders all concerned about global climate change. The Arctic Expedition for Climate Action was sponsored by the Aspen Institute, the National Geographic Society, and Lindblad Expeditions. In this guest post, Fred reflects...
It has become something of an article of faith among those who oppose drilling in the Arctic that it's too much trouble for too little oil. Well, how about 90 billion barrels of oil? Too little for you? That's how much oil is estimated to be in the Arctic region, with at least a third of it under sovereign U.S. territory, according to a new study by the U.S. Geological Survey. Full Article...
The future of the Arctic will be less white wilderness, more black gold, a report on oil reserves in the High North has signalled this week. The first comprehensive assessment of oil and gas resources north of the Arctic Circle,...
The Arctic is estimated to hold 90bn barrels of untapped oil, according to figures from the US Geological Survey (USGS). The USGS says the area has three times as much untapped natural gas as oil. BBC News: Arctic 'has 90bn...
The future of the Arctic will be less white wilderness, more black gold, a new report on oil reserves in the High North has signalled this week. The first-comprehensive assessment of oil and gas resources north of the Arctic Circle, carried out by American geologists, reveals that underneath the ice, the region may contain as much as a fifth of the world's undiscovered yet recoverable...
photo by Baine via flickr A couple of months ago we reported on how the Las Vegas firm Arctic Oil & Gas announced that the Arctic could contain 400 billion barrels of oil , a figure that would be more than double the largest conventional oil field in the world, Saudi Arabia’s Ghawar—an oil field, which, despite Saudi claims to the contrary, is likely in terminal decline. Oil Potential...
Writing in the Moscow Times Yulia Latynina decries Russia's malignant Arctic corruption: The vast oil deposits located in what the Kremlin believes to be an extension of Russia's continental shelf in the Arctic will be distributed solely at the government's discretion, without holding the usual auctions or tenders. In a meeting on Friday with Deputy Prime Minister Igor Sechin, who oversees...
The rapidly warming Arctic may be given a brief reprieve by North American wildfires, which lower surface air temperatures for weeks or months at a time.
The future of the Arctic will be less white wilderness, more black gold, a new report on oil reserves in the High North has signalled this week. The first-comprehensive assessment of oil and gas resources north of the Arctic Circle, carried out by American geologists, reveals that underneath the ice, the region may contain as much as a fifth of the world's undiscovered yet recoverable...
This is definitely “Doc Savage” kernel type of news. A story like this would spark a Savage tale of adventure. Arctic Scientists Explore a “Lost” 26-Million-Year-Old Ecosystem There are few regions on the planet as strange and mysterious as the untouched seafloors beneath the Arctic ice. Over the past several years, scientists have launched expeditions to [...]
