Friday, February 8, 2013

Greenland or Mineland ?

In the article" The Great Race " by Elizabeth Rosenthal she informs the readers that the artic in Greenland is a gold mine. Beneath the artics ice are mineral resoures. Other scientists are worrying about the climate change.

Conversley other scientists are excited over the resources in Greenland's artic such as oil, gas, precious gems, and rare earth minerals. Action is taking place in Greenland and people are staking claims.

Countries wants parts and China is the agressive player in all this. They have been alarm among Western power. Chinese companies are financing the develope of minds. However, the U.S./ Russia, and several European nations have territory int the artica ,China doesnt Thats just the beginning.
Experts estimate that more that 20% of the worlds oil and gas are contained in the artic. In placs wer exploring s werent much, now the haggling as begun.

Canada is the haggler and they are against the U.S. and Denmark."We are treated so differenly than just a few years ago," says Jens B. Fredriksen, Greenland's vice premier," We are aware that is because we have something to offer." Grennland's main is exploration.

The melting of the sea ice has made the transportation of mined minerals easier. Oher attemps to mine has failed because of the cold and ice. Now that it's warming it has become less expensive. 100 new sites have been mapped out and companies altogether spent $100 million exlporing Greenland companies are applying for licensce to construct.
The discover of rare minerals are huge in Greenland because China is currently holding almost all the worlds rare earth minerals. " This is huge," said Eric Songergaard a geolists at Ausrtlaian company," could be mining this for the next 100 year."
This is really itAmerica. I think that Greenland should look at the situations at all angles.

China should stop trying to take over everything. Greenland should sit down with each country and take in each opotunity that are giving. Good or bad.

These countries should try to hanlde Greenland other way instead of agreesivley trying to take parts like a dog on a bone.

1 comment:

  1. This kind of thing has been going on for a very long time. Many people believe that the US is guilty of this kind of behavior in the Middle East as we seek more and more oil (to keep gas prices low). 90

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