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Story summary
- United States Geological Survey (USGS) estimates that northeast Greenland may contain around 31 billion barrels of oil-equivalent hydrocarbons.
- Greenland is rich in natural resources, including lithium and rare earth elements vital for green technologies.
- Climate change threatens these resources, with significant ice melt occurring since 1995.
- Advances in survey techniques are expanding understanding of Greenland's subsurface potential.
- The government regulates mining, but growing U.S. interest could prompt loosened controls.
