EQ3 Tensions in the arctic circle Flashcards
Who are the main superpowers involved in the Arctic?
Russia, US, and China
Why are the superpowers interested in the Arctic?
Shipping routes, fishing grounds, land, gas
What happened to Vostok Oil’s investors?
They lost investors because Russia attacked Ukraine
What are the environmental impacts of Arctic oil exploration?
- Exploitation of resources
- Toxic substances from gas and oil exploration
- Black carbon absorbs heat instead of white ice reflecting it, leading to more melting
What are the main tensions in the Arctic?
- Regional powers trying to claim land
- Military strength from NATO and Russia
Is there a risk of conflict in the Arctic?
- Risk of sanctions against China to stop them from investing
- Fishing and climate change affecting food chain
What is the Arctic Council?
The eight Arctic states established the Arctic Council to provide means for promoting cooperation in the Arctic
What is a criticism of the Arctic Council?
It does not address military issues
Who has become more interested and involved in the Arctic Circle?
Insurers