what percentage of the world's undiscovered oil resources does the arctic hold?
13%
what percentage of the world's undiscovered gas resources does the arctic hold?
30%
economic factor about people
people demand higher wages
environmental factor about equipment
drilling equipment may sink in the summer
economic factor about politics
political issues because the artic has been claimed by 8 countries
environmental factor about controls
strict environmental controls are needed to prevent damage
economic factor about distance
long distance to travel and limited transport means higher transport costs
environmental factor about special equipment
special equipment is needed to withstand extreme temperatures
why would recovery from damage to the environment be slow?
low temperatures and short growing season