Friday, September 24, 2010

Tom Pipes Up Again: Unfreezing Arctic Assets : the New North ...

Just three years later the number more than doubled; by 2008 there were nearly 400 cruise-ship arrivals in Greenland alone. Many passengers cite the desire to "see the Arctic before it's gone" as motivation for the pricey tickets. .... One can expect to pay $250 per night for a cheap hotel room and $15 for a cheeseburger in an Arctic town. Gas pipelines and diamond mines generate enormous wealth, but most of this revenue flows south (or west, in Russia), controlled by an ...