The real value of Arctic resources

Photo: Brutus Ostling / WWF-Canon

Svalbard, Norway. Photo: Brutus Ostling / WWF-Canon


WWF-Norway’s Nina Jensen speaks this week at the 2015 Arctic Frontiers conference about the future of energy in the Arctic.
As the annual Arctic Frontiers meeting starts in Tromso, Norway, much of the talk and media coverage will once again be centred on Arctic resources. This is usually code for oil and gas development in the Arctic, and the potential geopolitical conflict over the exploitation of these resources. This focus is entirely misguided.
The Arctic’s most significant renewable resources are ice and snow. The ice and snow in the Arctic reflect significant amounts of the sun’s energy. As we lose that reflective shield, the Arctic absorbs more solar energy. A warming Arctic warms the entire planet, causing billions of dollars’ worth of avoidable damage, displacing millions of people, and throwing natural systems into disarray. We continually undervalue the critical role of the Arctic is shielding us from wrenching change. Instead, we ironically look to it as a source of the very hydrocarbons that are melting away the Arctic shield.

Arctic oil and gas is risky business

Apart from the question of whether we should be developing hydrocarbon resources anywhere in the world, let us look at the question of specifically developing them in the Arctic, which in many cases means the offshore Arctic, under the ocean.
We know there are no proven effective methods of cleaning up oil spills in ice, especially in mobile ice. Even without ice, the effects of a spill in Arctic conditions will linger for decades. Oil from the Exxon Valdez spill in Alaska still pollutes beaches, more than 25 years later. We know that drilling for oil in the offshore Arctic is extremely risky – just look at the mishaps that Shell has encountered in the last couple of years in its attempts to drill off the Alaskan Coast. So there is a high risk of mishap, and no proven effective method of cleaning up after such a mishap. No matter what the price of oil, $50 or $200 a barrel, is it worth the risk?

The Arctic can be a proving ground for green technology

We do not need to make the same mistakes in the Arctic as we have made elsewhere. We can instead use the Arctic as a proving ground for greener, cleaner technologies. Tidal power, wind power, hydro power, all have potential in the Arctic. The Arctic, with its smaller population centres is ideal for smaller scale technologies to produce such renewable power. Such local power generation can create local jobs, and make Arctic communities more self-sufficient, able to withstand the fluctuations in price of petroleum-based fuels that will eventually bankrupt them.
This message is not just coming from WWF. If you look at the US government plans for its chair of the Arctic Council starting later this year, it also recognizes the value of replacing fossil fuels with community-based renewable power sources – it also just put the valuable fishery of Bristol Bay off limits to oil and gas development. So it’s not just NGOs and Arctic peoples who are questioning the value of fossil fuels in the Arctic, versus the real value of the Arctic to the world – as a regulator of our global climate.