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Posts Tagged ‘oil and gas’

http://www.domain-b.com/environment/20091118_us_china.html

 

 

Hi guys, check out this link on agreements between the US and China regarding climate change.

In other news, I just came back from a meeting at the Canadian Embassy on the cultures, economies, climate change questions and policy/security issues of the high Arctic.  It was vvveeeeerrry interesting!  Of particular interest to you as business students was the panel discussion on energy resource development in the high Arctic.  Prof. Dag Harald Claes, energy/geopolitical analyst at the University of Oslo, pointed out two interesting questions:  the melting of the Arctic ice opens up short sea-ways between Asia, Europe and North America – cutting out the long route through the Mediterranean.  What might this do to Mediterranean logistics service industries?  As well, he stated in no uncertain terms that Arctic oil has little commercial potential – most of the development interest is political.  My question to you is this: do the Arctic basin economies complement or compete with Mediterranean basin economies, particularly given the political motives for creating more unity in both these areas?

Think about it – I expect your report on my desk tomorrow morning! (just joking!)

Have a great day!

Pete

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