Independence for Greenland: Not If, But When

According to the U.S. Geological Survey, the island and its surrounding waters could hold 48 billion barrels of oil equivalent, double U.S. proven oil reserves. According to Prime Minister Kleist, this largess has resulted in "high tax revenue, higher employment in certain areas and greater pol...

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Bibliographic Details
Published in:	Scandinavian review 2012-10, Vol.99 (3), p.60
Main Author:	Hinrichsen, Don
Format:	Magazinearticle
Language:	eng
Subjects:	Erik the Red Independence movements Inuit Islands Licenses Mining Natural gas utilities Petroleum industry Politics Prime ministers Tourism
Online Access:	Get full text
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Summary:	According to the U.S. Geological Survey, the island and its surrounding waters could hold 48 billion barrels of oil equivalent, double U.S. proven oil reserves. According to Prime Minister Kleist, this largess has resulted in "high tax revenue, higher employment in certain areas and greater political focus on the opportunities for mineral exploitation." According to Jörn Skov Nielsen, head of Greenland's Bureau of Minerals and Petroleum, the number of exploration licenses has increased five-fold in the past four years.
ISSN:	0098-857X