Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-472

  1. 14,065 Posts.
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    OK I'll bite. You worrying about Norway drilling?

    What about the Ruskies" What about the USA? What about Canada, etc?

    Don't be surprised if war breaks out in the Arctic over exploitation of the Arctic resources of oil, gas and coal. And you guys think the era of oil/gas/coal is over because of their impact on AGW?

    BTW, watch the price of oil go to USD100/USD150 and maybe USD200 by around 2024/25. Prepare for it because this is indeed coming!

    Have a read of the following and the preparations the Ruskies are making for the Arctic. A good article although I have read others over the past few years about their intentions.

    In the Russian Arctic, the First Stirrings of a Very Cold War - The New York Times (nytimes.com)

    "One goal of the Russian buildup is to seize the day economically as the ocean thaws. “Climate change enables the appearance of new economic possibilities,” Moscow asserted in its Arctic plan, envisioning a new Klondike.

    The Russian government and companies have developed various moneymaking ideas to take advantage of climate change. Exploiting newly accessible reserves of oil, gas and coal — the very resources causing the problem in the first place — is high on the list. Moscow also hopes to turn an Arctic Ocean seaway between Europe and Asia, the Northern Sea Route, into essentially a toll road by requiring payments for pilots and icebreaker escorts.

    That could become a flash point because Washington sees the waterway as an international trading route. The Department of Defense says it reserves the right to conduct freedom of navigation exercises in the Arctic, as it does now in the South China Sea."

 
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