Russia Presents Vision for Arctic Wealth

Just 3 years after the Russians unofficially stuck their flag in a seabed just below the North Pole staking their claim on that arctic region, they are once again bringing up the subject of their territorial claims. CNN' Hillary Whiteman writes in her article, Russia Presents Vision for Arctic Wealth, of the pressure Russia is placing on the United Nations Convention on the Law of Sea to recognize their claims their claims to the arctic land. Sources have found that there is more than twice the amount of natural untapped oil as well as more than 3 times the amount of undiscovered gas as oil in the region. Russia has been trying to push their argument to stake their claims by mentioning the use of such resources. However, in order for Russia to gain their desired territorial rights in the arctic for whatever reason, they must consider the other seven states that have land in the arctic( Canada, Norway, United States, Denmark, Finland, Sweden, and Finland) who will most likely oppose their claims if it interferes with their territory. From this point, it looks like another battle over resources which Charlie Kronick, senior climate advisor says, "is crazy at the moment and the first thing we need to do is to reduce demand. However big the notional oil and gas reserves are up in the Arctic, we have already got more oil and gas than we can afford to burn if we don't want to cook the climate."

Posted by vanity sotelo