admin /18 August, 2007
http://www.latimes.com/news/opinion/commentary/la-oe-rifkin9aug09,1,5146638.story
Any lingering doubts about how ill-prepared we are to face up to the reality of climate change should have been laid to rest this month when two Russian mini-submarines dove two miles under the Arctic ice to plant a Russian flag made of titanium on the seabed. The government of Vladimir V. Putin claims that the seabed under the North Pole, known as the Lomonosov Ridge, is an extension of Russia’s continental shelf and therefore Russian territory that will be open for oil exploration.
Russia is not alone in making such a claim. Geologists think that 25% of Earth’s undiscovered oil and gas may be embedded in the rock under the Arctic Ocean. No wonder Norway, Canada and Denmark (through its possession of Greenland) are all using the continental-shelf argument to claim the Arctic seabed as an extension of their own sovereign territories. The suddeninterest in Arctic oil and gas has put a fire under U.S. lawmakers to ratifythe 1982 Law of the Sea Treaty, which allows signatory nations to claimexclusive commercial exploitation zones up to 200 miles out from their coastlines.
What makes this development so depressing is that the interest in prospecting the Arctic seabed, and subsoil, is only now becoming possible because climate change is melting away Arctic ice.
There is another alarming aspect to this story, though. The permaforest surrounding the arctic contains a vast storehouse of organic matter that will thaw, releasing vast amounts of greenhouse gas. Both the oil and the permafrost are feedback mechanisms that will both accelerate global warming and be activated by global warming.