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perihelionstoday at 1:46 AM1 replyview on HN

> "Denmark would already be an even wealthier petrostate"

Denmark does not (since 2009) control Greenland's minerals, nor take revenues from resource extraction[0,1]; and Greenland's democratic government has in fact totally banned oil exploration[2].

[0] https://www.politico.eu/article/europe-neglect-greenland-min... ("In 2009, Denmark handed Greenland's inhabitants control of their natural resources...")

[1] https://english.stm.dk/the-prime-ministers-office/the-unity-... ("Revenues from mineral resource activities in Greenland are to accrue to the Self-Government. Such revenues will have influence on the size of the Danish Government subsidy, cf. section below on the economic arrangement.")

[2] https://news.ycombinator.com/item?id=27871672 ("Greenland bans all oil exploration (cbc.ca)" (2021))

> "Global warming means that retreating ice could uncover potential oil and mineral resources which, if successfully tapped, could dramatically change the fortunes of the semi-autonomous territory of 57,000 people."

> ""The future does not lie in oil. The future belongs to renewable energy, and in that respect we have much more to gain," the Greenland government said in a statement. The government said it "wants to take co-responsibility for combating the global climate crisis."


Replies

MaxHoppersGhosttoday at 2:39 AM

Let’s be honest with ourselves. If there were hundreds of billions or trillions of dollars of accessible oil underneath Greenland they would start drilling tomorrow.