The Arctic Gold Rush: The New Race for Tomorrow's Natural Resources / Edition 1

The Arctic Gold Rush: The New Race for Tomorrow's Natural Resources / Edition 1

by Roger Howard
Pub. Date:
Bloomsbury Academic


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The Arctic Gold Rush: The New Race for Tomorrow's Natural Resources / Edition 1

On 2 August 2007, a Russian submarine captured world headlines by making a dangerous journey to the bottom of the Arctic seabed and planting a metal, rust-free national flag more than 14,000 feet beneath the North Pole. The aim was to assert Russia's legal sovereignty over a region whose importance had only recently started to become apparent as its melting ice had made, or was expected to make, vast natural resources open to exploitation.

The latest estimates are that the region holds around 13% of the world's undiscovered oil and as much as 30% of undiscovered natural gas reserves that would be hugely profitable for any country that managed to secure control over them. Gold, platinum, copper and other precious metals have also been found along the coast. Neighbouring countries - Russia, the United States, Canada, Denmark and Norway - are already doing everything they can to mark out new borders. The ensuing political disagreements over the issue are already rife. In particular, games of political intrigue between Moscow and Washington are being played out in the region. But as the world's resources become increasingly scarce and valuable, could the scramble for Arctic resources become violent? Could a 'War for the Arctic' be fought?

Product Details

ISBN-13: 9781441181107
Publisher: Bloomsbury Academic
Publication date: 11/03/2009
Pages: 259
Product dimensions: 5.80(w) x 8.60(h) x 1.10(d)

About the Author

Roger Howard is a writer and broadcaster specialising in international relations. His most recent publications are The Oil Hunters (2008) and Iran Oil: The New Middle East Challenge to America (2006).

Table of Contents


Part I The Setting

1 A Looming Resource War?

2 The Arctic Thaw

3 The Great Explorers

Part II The Issues

4 Who owns the Arctic?

5 Black Gold

6 The Arctic's other resources

7 Sea lanes and strategy

8 The environmental challenge

Part III The Contenders

9 Russia and the Arctic

10 America's Arctic Destiny

11 The Canadians look north

12 Some other Arctic claims

Conclusion: The future of the Arctic

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