• Enkrod
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    1 day ago

    Greenland has the nearest coastline to the North Pole, and Denmark argues that the Lomonosov Ridge is in fact an extension of Greenland.

    According to the United Nations Convention on the Law of the Sea, this would mean that through the extension of it’s continental shelf, Greenland basically has control of the seabed of most of the arctic ocean and deep into russian waters. This gives it exclusive rights to resources on or below the seabed of that extended shelf area.

    Greenland thus is not only important for the control of northern trade routes that are opening up because of climate change, but because it comes with the control over huge swathes of resources on or below the arctic seabed.

    It’s all about oil and minerals.