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  • the Green Revolution is putting Greenland under pressure.

  • The world's biggest island has huge resources of metals known as rare Earths, key components for powering wind turbines and electric vehicles, including Tesla.

  • Cars.

  • Warming temperatures are melting away ice sheets, making Greenland's riches more accessible.

  • And the surging demand for EV batteries has driven more miners to the Arctic island to Australia.

  • Based mining companies are racing for approval to dig.

  • One is seeking funding from the US, and the other is backed by China, which dominates the global production of rare Earths Mhm.

  • Each mine would cost about $500 million to develop.

  • One of them would not involve any nuclear material.

  • The other would produce radioactive material and export the uranium to China.

  • Many Greenlanders While concerned about pollution, film mining is key to develop their fragile economy.

  • The self governing territory of the Kingdom of Denmark has a GDP of around $3 billion.

  • It's people live mostly on fishing and grants from Copenhagen, and the government has been keen to attract foreign investments.

  • Expected annual royalties from the Chinese linked rare Earth mine is around $245 million per year.

  • That's equivalent to roughly 15% of public spending, even though it one initial support from the coalition government.

  • It recently ran into strong opposition, including from residents of the nearby town of Nars.

  • AC worried about a radiation and be their access to indigenous territory they rely on for hunting and fishing.

  • The island may ultimately back either project both or neither, but the contest underscores that even Green power has a polluting side.

the Green Revolution is putting Greenland under pressure.

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B1 greenland rare island mining fishing territory

Greenland finds green power can be a curse

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    林宜悉 posted on 2021/03/08
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