The New Land Rush

We all saw this one coming:

Recent news reports state that global warming and the shrinking Arctic icecaps are opening new sea lanes and making barren islands suddenly very valuable. In fact, the international community might experience a new race of exploration, conquest and acquisition for this "new world" -- these newly available lands and sea routes. Conflicts could arise over shipping lanes, islands, fish stocks, minerals and oil that are now becoming accessible and commercially exploitable.

Governments are even now engaged in asserting their sovereignty over these areas and assets. Canada, Denmark and the United States are already involved in diplomatic disputes over these issues. For example, Canada and Denmark have sent diplomats and warships to plant their flags on tiny Hans Island near northwestern Greenland.

The new frontier.