Thawing sea ice and improved technology is opening up the race for natural resource exploration in the Arctic Circle, home to nearly a quarter of the world's untapped oil reserves. Russia leads the race and has promised to adhere to environmental guidelines. But accidents and other damage resulting from the country's oil exploration tell a different story.
The instruments hanging in the Russian city of Severodvinsk -- one by the mayor's office at Victory Square, two more at buildings belonging to the Disaster Prevention Agency -- look like oversized clocks.
See full Article: http://www.spiegel.de/international/business/russian-oil-exploration-in-arctic-circle-causes-major-environmental-damage-a-851617.html.
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