Three Scenarios For US Energy Policy in the Arctic Region

Abstract

The Arctic is a region in crisis. Climate change in the Arctic Region has uncovered a wealth of oil and natural gas resources that are suddenly economically feasible and tempting to an energy thirsty world. New access to these treasures has unleashed competition for resources and influence over the Region. The United States has vital energy and national security interests in the Arctic that are now at risk. On March 27, 2009, the Russian government released a statement detailing its intention to build a military base in the Arctic to secure its energy resources and exert control over the Region. But the United States does not currently have a coherent Arctic energy and security policy. This paper examines three scenarios for Arctic energy policy – full scale drilling; moderate, restricted drilling; and a drilling ban. In view of the national security and environmental threats from Arctic energy exploitation, the paper concludes that the bold policy of a complete ban would best serve US interests.