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Nov 12, 2019

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Marketplace Morning Report

Nations meet to discuss Arctic resources

Scott Tong May 6, 2019
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Sea ice is seen from NASA's Operation IceBridge research aircraft off the northwest coast on March 30, 2017 above Greenland. NASA's Operation IceBridge has been studying how polar ice has evolved over the past nine years and is currently flying a set of eight-hour research flights over ice sheets and the Arctic Ocean to monitor Arctic ice loss aboard a retrofitted 1966 Lockheed P-3 aircraft. According to NASA scientists and the National Snow and Ice Data Center (NSIDC), sea ice in the Arctic appears to have reached its lowest maximum wintertime extent ever recorded on March 7. Scientists have said the Arctic has been one of the regions hardest hit by climate change.
Mario Tama/Getty Images

Today in Finland, U.S. Secretary of State Mike Pompeo will speak at what’s called the Arctic Council, a forum of northern countries that meets to discuss and assess sustainable development and environmental protection in the Arctic region. With climate change, the Arctic is warming at twice the rate of the rest of the planet, and melting ice presents both economic opportunities and challenges.

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