The EU talks big on protecting the Arctic under the guise of ‘sustainable development’

Half a millennium ago, the myth of a lost city of gold drove scores of Europeans to the Americas in search of wealth. Today, images of a new ‘El Dorado’ with fathomless (energy) resources are attracting players from all over the world to a very different place: the Arctic. Driven by the prospect of...

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Bibliographic Details
Main Authors: López, Sofía, De Botselier, Bram, Schunz, Simon
Format: Text
Language:English
Published: London School of Economics and Political Science 2018
Subjects:
Online Access:http://eprints.lse.ac.uk/110460/
http://eprints.lse.ac.uk/110460/1/businessreview_2018_11_24_the_eu_talks_big_on_protecting_the_arctic.pdf
https://blogs.lse.ac.uk/businessreview/
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Summary:Half a millennium ago, the myth of a lost city of gold drove scores of Europeans to the Americas in search of wealth. Today, images of a new ‘El Dorado’ with fathomless (energy) resources are attracting players from all over the world to a very different place: the Arctic. Driven by the prospect of economic, primarily energy-related opportunities, a myriad of national governments – from Arctic (Canada) to non-Arctic (China) states – and companies are trying to establish a foothold in an extremely fragile region that is key to the Earth’s environmental and climatic system.