Global warming heats up in the Arctic

onMar 27, 2007 @ 09:53 PDT

The latest report by the UN Intergovernmental Panel on Climate Change says the ice cap is warming faster than the rest of the planet and ice is receding, partly due to greenhouse gases.

This will facilitate the quest for oil, fish and diamonds in the now-frozen waters by creating new timesaving sea lanes, which could transform shipping the way the Suez Canal did in the 19th Century.

Oil and gas exploration in the Arctic is already moving full speed ahead. Russia, for example, is developing the vast Shkotman natural gas field off its Arctic coast, and Norwegians hope their advanced technology will find a place there.

By Bill Miller

Analysis

Why Is Alberta Falling for Kevin O’Leary’s AI Data Centre Stunt?

ByMitch Anderson

onDec 20, 2024 @ 08:52 PST

The celebrity investor pitched ‘Wonder Valley’ with no committed investors, no Indigenous partnership, and about 27 megatonnes of projected annual emissions.

New Orleans Residents Face Surge in Energy Costs from Sale of Gas Utility

ByDelaney Nolan

onDec 19, 2024 @ 16:51 PST

City Council OKs private equity firm’s purchase of Entergy gas utility, undermining climate goals and jacking up prices for the city’s poorest.

DOE Study Finds LNG Exports Don’t Just Hurt the Climate – They Hit Americans in Their Pocketbooks

BySharon Kelly

onDec 19, 2024 @ 15:12 PST

With LNG export terminals already authorized to ship nearly half of U.S. natural gas abroad, DOE warns build-out would inflate utility bills nationwide.