Saturday, September 18, 2010

Unfreezing Arctic Assets

A bloc of countries above the 45th parallel is poised to dominate the next century. Welcome to the New North.
By LAURENCE C. SMITH
Wall Street Journal

Imagine the Arctic in 2050 as a frigid version of Nevada—an empty landscape dotted with gleaming boom towns. Gas pipelines fan across the tundra, fueling fast-growing cities to the south like Calgary and Moscow, the coveted destinations for millions of global immigrants. It's a busy web for global commerce, as the world's ships advance each summer as the seasonal sea ice retreats, or even briefly disappears.

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