Politic?

This is a blog dedicated to a personal interpretation of political news of the day. I attempt to be as knowledgeable as possible before commenting and committing my thoughts to a day's communication.

Friday, May 20, 2011

Arctic Resource Ownership

Map of the polar region, showing Peary's 1909 route to the North Pole. (Corbis) Read more: http://ecocentric.blogs.time.com/2011/05/19/is-the-rush-for-the-arctic-back-on/#ixzz1MtMBs1kc

Canada has had a long-standing territorial dispute with Denmark in the Arctic over Hans Island. The Arctic territorial nations all lay claim to ownership of 'their portion' of the Arctic area, but the territories are not clearly defined and there is much overlap in claims. Particularly with the discovery of great natural resources to be mined and claimed to enrich those nations with sovereignty of the areas in dispute.

Russia, the United States, Canada and Norway, along with Denmark, all claim ownership of various areas of the Arctic. Russia famously made headlines when it planted a three-foot titanium flag using a submersible, to hammer home the point that it plans to claim its territory and with it the riches ensconced there in natural resources.

As the environment changes and passage through the area becomes feasible year round eventually, shipping challenges Canada's claim to the North West Passage. Those who plan to increasingly use it as an efficient transitway claim it is international waters and is not in the possession of Canada.

Early explorers from Norway, Russia and the United States all gave those countries an investment in the future.

Now Denmark has unveiled a plan for its Arctic territories to lay claim to the North Pole sea bed. "We expect that Denmark will be able to document claims to an area that among other things includes the sea bed at the North Pole" referring to a ten-year strategy. This initiative will lead to a confrontation for ownership with Russia, the U.S., Canada and Norway.

Thanks to new undersea mining technologies - it lies within the capacity of those nations that can document and prove to the UN Convention on the Law of the Sea their claims to ownership - they will be able to harvest 30% of the world's undiscovered gas resources and the 90 billion barrels of oil to be derived from those undersea areas.

All of the nations claim their ownership of the Arctic area in a 200-mile radius from their shorelines. Russia is invested in proving that the gas, oil and diamonds that exist on its claimed territory - the Lomonosov Ridge - is theirs alone. But experts also say that the Ridge does not represent part of the continental shelf, but the point where two ocean floor plates spread.

Since the Ridge extends from Russia to Canada, claims by Canada should have at least as much merit as Russia's. From time to time all the countries involve say they are invested in working amicably together. Then greed gets in the way of good intentions and each embarks on its individual plans to prove ownership, disputed by the others.

The geographic and geopolitical assertions on all fronts with a view to ownership of seabed resources will remain a contentious issue for some time to come until full clarification can be achieved through proper mapping and documentation and geological identification. Meanwhile the issues involved see all those nations jostling for primacy and injuring diplomatic relations.

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