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August 15, 2008 | The World Needs an "Arctic Authority"

The Arctic Circle contains 13 percent of the world’s untapped oil supplies. ++ But a clash of interests between businesses, NGOs, and the five different governments who claim rights to the region’s energy resources is likely to cause a delay in drilling. ++ Existing international institutions cannot deal with the impending disputes. ++ Therefore, an “Arctic Authority” is required to make

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