Word: arctic
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...Some species may actually benefit from global warming. Cod and arctic char, both commercially important fish, could expand their range. Some crops, including barley and alfalfa, could be grown in areas that are too cold today...
...Source: Arctic Climate Impact Assessment
...ARCTIC POPULATIONS Indigenous people from Alaska to Canada to Siberia rely on fish, polar bears, seals and caribou for food, clothing and trade. As warming imperils these animals, it also threatens a way of life that has been unchanged for centuries...
...polar ice during summer months could open reliable shipping lanes along the northern coast of Russia and Canada, making transportation cheaper and increasing access to oil and other natural resources (admittedly a mixed blessing). But there might also be more icebergs, which could limit the effectiveness of Arctic shipping...
...flagpole outside its Moscow headquarters to celebrate a landmark deal: with a $2 billion bid, the U.S. firm ConocoPhillips had just won an auction for the Russian government's 7.6% stake in the firm. The two companies promptly announced a strategic alliance to develop oil reserves in the Russian Arctic and potentially work together in Iraq. For Jim Mulva, Conoco's president and chief executive, the deal amounted to a coup, giving Conoco access to 8 billion bbl. of proven oil reserves at relatively modest cost. Lukoil was delighted too because it is counting on the Americans to help...