Greenland News
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Greenland ice melting at an expanding pace may begin cooling the North Atlantic and increasing the severity of storms by 2075, said James Hansen, the former NASA scientist who raised concerns about global warming in the 1980s.
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Exploiting oil and gas trapped in tar sands and shale threatens to make climate change “unsolvable,” said James Hansen, the former NASA scientist who raised concerns about global warming in the 1980s.
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China was granted observer status by the Arctic Council, giving the world’s second-largest economy more influence amid an intensifying search for resources in the globe’s most northern region.
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Sea levels may rise as much as 69 centimeters (27 inches) through 2100 as water temperatures rise, glaciers melt in the Andes and Himalayas and ice sheets in Greenland and Antarctica shed water, European scientists said.
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When 16th and 17th century European explorers sailed west in pursuit of a trade route to Asia, their search for a Northwest Passage was foiled by Arctic ice.
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SPG Land Holdings Ltd. said it will sell both a controlling stake in itself and its half interest in Shanghai’s Peninsula hotel, raising $561.5 million to repay bank loans, fund projects and distribute a special dividend.
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Greenland is betting that rising mineral production will help cushion the impact of global warming on its fishing industry and boost economic growth in the Arctic island-nation as its pursues independence from Denmark.
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Chinese interest in Greenland’s mineral wealth is reigniting the Arctic island’s campaign to sever ties with Denmark after almost 200 years of colonial rule.
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Half of the last eight summers in cold regions including parts of Greenland and Russia have been the warmest since 1400, according to a Harvard University study on climate change across high northern latitudes.
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Shanghai Greenland Group Co., the builder of China’s third-tallest tower, said it’s planning to list a unit in Hong Kong this year as it seeks to enter the U.S. property market.
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