The changing climate has created a new frontier in the Arctic, but as the world’s major powers scramble to take advantage, the U.S. is at risk of falling dangerously behind.
Melting ice has made vast amounts of mineral and energy reserves available for the first time in modern history. As many as 90 billion barrels of oil, the equivalent of 5.9 percent of the world’s known reserves, are up for grabs. That’s more than twice what Russia currently owns, and more than three times what the U.S. has available. The future opportunities could be crucial to the national interest, but the U.S. presence in the region is sorely outnumbered by Russia, according to Coast Guard commandant Adm. Paul Zukunft.
“So the numbers are roughly 40 to 2,” Zukunft told me in an interview regarding U.S. versus Russian icebreaker ship presence…
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