Not So Fast, Putin
Posted on Aug 10, 2007
For years the North Pole has been considered international territory, and that seemed to suit everyone just fine until global warming came along, making it theoretically easier to extract oil and gas from the region. The Russians kicked off the land grab by planting an underwater flag, and now Denmark is launching a similar expedition. Canada, Norway and the U.S. also have territory disputes in the Arctic.
The month-long Danish expedition will study the Lomonosov Ridge. Russia believes the underwater feature is linked to its territory.
Denmark will investigate the ridge to see if it is geologically connected to Greenland, a Danish territory.
Canada, Norway and the US also have claims in the Arctic.
The area is believed to be rich in oil and gas reserves, which global warming could make easier to extract as the ice melts.