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Dala-Demokraten - Sweden | Saturday, August 4, 2007

The race for the Arctic's resources begins

Russia has laid claim to the North Pole seabed, which is rich in natural reserves. During an Arctic mission, two Russian mini submarines planted a Russian flag on the Arctic seabed over four kilometres beneath the North Pole. The newspaper reflects on the future exploitation of the Arctic Ocean: "The investments this heroic industrial project would entail and the technological challenges it presents are huge. The time and money would be better spent on switching to renewable energies. ... Melting glaciers and icebergs have become a symbol of the enormous destructive forces set in motion by industrial capitalism. When the race for energy reaches the Artic - it won't be long before an American flag is planted on the seabed too - the picture of madness will be complete. The hunger for profit is now making itself felt under the melting ice."

» To the complete press review of Monday, August 6, 2007

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