Arctic Meltdown

Thanks to global warming, the Arctic icecap is rapidly melting, opening up access to massive natural resources and creating shipping shortcuts that could save billions of dollars a year. But there are currently no clear rules governing this economically and strategically vital region. Unless Washington leads the way toward a multilateral diplomatic solution, the Arctic could descend into armed conflict.

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http://www.foreignaffairs.org/20080301faessay87206/scott-g-borgerson/arctic-meltdown.html