By P. JOSHUA GRIFFIN Of the University of Washington As winds and waves from Typhoon Merbok devastated communities along the coast of Western Alaska in 2022, Reppi .
The Climate Change Cash Grab
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By Sean Culligan
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April9, 2021
The desolate climate of the Arctic has historically made it a place of little economic significance. The Earth’s northernmost region is warming at twice the rate of the rest of the globe. The melting of Greenland’s glaciers, Arctic sea ice loss and Alaskan permafrost thaw are all bad news for the environment. But one person’s melting planet may be another’s red-hot business opportunity, as industries from shipping and mining to tourism and fossil fuel extraction stand to benefit. Which puts the region in the spotlight as leaders worldwide fight for their slice of the Arctic pie.