Several countries are fighting over territories being uncovered in the Arctic because of global warming: Canada, Denmark, Norway, Russia, Sweden, and the United States. The feud is fueled by a potential $2 Trillion in natural resources. The folks who live there, Intuits (Eskimos) and Sami are being dissed in lieu of visions of black gold flowing into the aforementioned nation's coffers. However, there are environmental groups supporting them and making sure that they do not become casualties of the dispute.
I don't know about you, but if I was an Intuit, with all that bubblin crude in my back yard, I'd forget herding reindeer and switch to Wampas.
Hans Island Photo credit: Associated Press
Intuit Woman Photo: http://en.wikipedia.org/wiki/Inuit
Global Warming
$2 Trillion in Natural Resources Uncovered
Trend Themes
1. Territorial Dispute - The global warming-induced uncovering of natural resources in the Arctic has sparked a territorial dispute between several countries, presenting an opportunity for disruptive innovation in negotiation and conflict resolution.
2. Environmental Advocacy - As the dispute unfolds, environmental groups are stepping in to support the Intuits and Sami people, creating a potential space for disruptive innovation in sustainable resource management.
3. Resource Extraction - The $2 Trillion worth of natural resources in the Arctic presents an opportunity for disruptive innovation in the industry, particularly in the development of advanced extraction technologies.
Industry Implications
1. Geopolitics - The territorial dispute over Arctic resources presents disruptive innovation opportunities in the field of geopolitics, including diplomatic negotiations and strategic resource management.
2. Environmental Conservation - The involvement of environmental groups in supporting indigenous communities in the Arctic presents a potential disruptive innovation opportunity within the environmental conservation industry.
3. Mining and Energy - The vast natural resources uncovered in the Arctic due to global warming present disruptive innovation potential in the mining and energy sectors, particularly in sustainable resource extraction technologies.