News Headline
Developing nations seek a share of Antarctica’s spoils
Source
SciDev.net
Publication Date
2014-02-10
[SANTIAGO] With climate change causing Arctic sea ice to shrink to its smallest extent on record in 2012, opening up new sea routes and access to mineral deposits — including about 30 per cent of the world’s unexploited gas and 13 per cent of its oil according to some estimates — the Arctic region offers a potential resource bonanza. As a result, countries are seeking geopolitical influence and their share in shipping, fishing and mineral exploitation rights there.