Monday, September 24, 2012

Melting ice in the Arctic unleashes race for profits

Click here to access article by Ernst Wolff from World Socialist Web Site. 

While the melting of the Arctic ice cap is worrying to scientists, environmentalists, and other concerned citizens, corporate executives and bankers see it as a great opportunity to satisfy their addiction to profits.
While these troubling statements tend to frighten most people, international investors are already rubbing their hands. The largest ice melt in the recent history of mankind means gaining access to a part of the world that was previously closed to them.