Thursday, September 20, 2012
The NY Times looks at how climate change is affecting the value of property in the artic circle.
At stake are the Arctic’s abundant supplies of oil, gas and minerals that are, thanks to climate change, becoming newly accessible along with increasingly navigable polar shipping shortcuts. This year, China has become a far more aggressive player in this frigid field, experts say, provoking alarm among Western powers.
(image: Tasiilaq, Greenland, where climate change is bringing new prosperity and new challenges)