How Much Are the Arctic’s Oil and Mineral Resources Worth?
4 Articles
4 Articles
How Much Are the Arctic’s Oil and Mineral Resources Worth?
The Arctic is gaining global attention as melting ice unlocks access to vast natural resources. From “ecosystem services” like climate regulation to lucrative mineral and oil reserves, this chilly region’s economic value is surprisingly large. In this graphic, Visual Capitalist's Marcus Lu breaks down the Arctic’s annual economic value based on the results of a 2017 study from Tanya O’Garra titled Economic Value of Ecosystem Services, Minerals, …
Visualized: The Economic Value of the Arctic
By Marcus Lu – Visual Capitalist The Arctic is gaining global attention as melting ice unlocks access to vast natural resources. From “ecosystem services” like climate regulation to lucrative mineral and oil reserves, this chilly region’s economic value is surprisingly large. In this graphic, we break down the Arctic’s annual economic value based on the results of a 2017 study from Tanya O’Garra titled Economic Value of Ecosystem Services, Miner…
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