Financial Times | Arctic drilling: should oil and gas reserves remain untapped? | FT Energy Source @FinancialTimes | Uploaded February 2024 | Updated October 2024, 5 days ago.
With the Arctic warming, melting sea ice is opening routes to untapped petroleum and gas reserves. Nations within the Arctic Circle are making claims on those reserves by establishing exclusive economic zones, while others are investing billions to get a slice of the pie. The FT’s Myles McCormick explains the economic and environmental risks that come with exploiting this final frontier
#oilandgas #arctic #enviroment
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With the Arctic warming, melting sea ice is opening routes to untapped petroleum and gas reserves. Nations within the Arctic Circle are making claims on those reserves by establishing exclusive economic zones, while others are investing billions to get a slice of the pie. The FT’s Myles McCormick explains the economic and environmental risks that come with exploiting this final frontier
#oilandgas #arctic #enviroment
See if you get the FT for free as a student (ft.com/schoolsarefree) or start a £1 trial: subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► Check out our Community tab for more stories: youtube.com/@FinancialTimes/community
► Listen to our podcasts: ft.com/podcasts
► Follow us on Instagram: instagram.com/financialtimes'
