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Climate Change in the Arctic: Challenges and Opportunities - Essay Example

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Climate change has brought global focus on arctic. The ice in the arctic is melting. If the present trend continues, Arctic Ocean would be ice-free by 2050. The arctic is the region around earth’s North Pole, opposite of Antarctica…
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Climate Change in the Arctic: Challenges and Opportunities
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Download file to see previous pages The recording of extent of ice in arctic began in 1953. Since then, the extent of the summer sea ice has been declining. The extent of ice was the lowest in 2007, the second lowest in 2008, and the third lowest in 2010. Currently, the snow cover in the Arctic is present for about 200 days per year. A decrease in the duration of the snow season results in increased warming. Between 1970 and 2000, there was a decrease in duration of the snow season by approximately 2.5 days per decade. From the commercial point of view, it is a new opportunity as exploration of the arctic has become easy now. Estimates show that Arctic can contain about 20 per cent of world's reserves of hydrocarbons. Most of these resources happen to be in the Russian part of the arctic.
New trade routes linking the Atlantic and the Pacific via arctic instead of Panama Canal has become a possibility now. So, there began a geopolitical competition in the region to gain control over transport routes and natural resources. All these have increased the strategic importance of arctic region. Countries bordering arctic are also in the process of preparing territorial claims for submission to the Commission on the Limits of Continental Shelf. Russia claims a large portion of arctic. ...Download file to see next pagesRead More
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