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What Should U.S. Policy Be in the Arctic?

Apr 05, 2018

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  • 7/31/2019 What Should U.S. Policy Be in the Arctic?

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    WhatShouldU.S.PolicyBeintheArc6c?

    AndrewHolland

    SeniorFellowforEnergyandClimateAmericanSecurityProject

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    WhyShouldtheU.S.CareAbouttheArc6c?

    ClimateChange

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    WhyShouldtheU.S.CareAbouttheArc6c?

    TheArc6ciswarmingfasterthananywhereonEarth

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    Manifesta6onsofArc6cWarming

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    Manifesta6onsofArc6cWarming

    Whenwillitbeicefree? Es6matesvary200accordingtoNa6onalSnowandIceCenter IPCCmadenopredic6on Somescien6ficmodelspredictassoonas2020

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    Trans-Arc6cShipping

    Shipping NorthernSeaRouteover

    Russiawillreduce

    distancefromShanghai-Hamburgby4000miles

    ADirectrouteovertheNorthPolewillreduce

    theDistanceby5000

    miles

    Floa6ngPipelineforOilandGas

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    WhyShouldtheU.S.CareAbouttheArc6c?

    Energy

    AlaskaistheSecondLargestProducerofOil

    intheU.S.at572,000

    barrelsperday

    AlaskainOPEC?

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    Arc6cOceanEnergyExplora6on

    OilandGasExplora6on TheArc6cholds22%of

    theworlds

    undiscoveredenergyresources

    90billionbarrelsofrecoverableoil

    Source:Arc6c

    Monitoring

    Assessment

    Program

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    U.S.Arc6cEnergyProduc6on

    AlaskasNorthSlopeOilProduc6on,2011:52,000barrelsperdayofoil

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    TheTransAlaskaPipeline

    Trans-AlaskaPipelineCapacity:2.1million

    barrelsofoilperday

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    OffshoreArc6cEnergyExplora6on

    Shellhasreceivedpermissionfromthe

    EPAandInteriortodrill

    intheChukchiandBeaufortSeas

    Firstoilproduc6on:2019-2022

    PeakProduc6on:1.7millionbarrelsperday

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    TheArc6cNa6onalWildlifeRefuge

    Createdin1980byCongress

    8millionacresdesignatedasWilderness

    1.5millionacresofcoastalplanedesignatedforstudy

    Drillingwouldbeonjustasmallarea,butenvironmentallysensi6ve

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    TheArc6cNa6onalWildlifeRefuge

    Poten6alProduc6onfromANWRisunknown

    USGS(1998): 5.7-1billionbarrels 500,000-1,500,000

    barrelsperday

    Notbasedonexplora6onwells

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    Poli6calControversyoverANWR

    ManyvotesonopeningANWRsince199

    VetoedbyPresidentClinton Insertedin05EnergyBill

    withdrawninConference

    2012:House-PassedEnergyBillincludesANWRunlikelytoreceiveaSenateVote

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    OnefinalWordNaturalGasintheArc6c

    Hugepoten6alresourcesbothonshoreandoffshore

    But Nopipeline Nodomes6cmarketinthe

    currentNaturalGasglut

    MyConclusion:unlikelytobeu6lizedinthemedium

    term

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    LimitstoArc6cU6liza6on

    Accessremainsdifficult Infrastructureissparse

    Extremeclimateandweather Domes6cproduc6onofenergyinthelower48

    isgrowingrapidly-Alaskanenergymayno

    longerbeneeded

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    ConclusionsandQues6ons-

    Whatpriority:oilproduc6onorEnvironmentalProtec6on?

    Whichchoicebeermanagesrisk?Onshoreoildrilling,oroffshore?NOTE:Drillingoffshoremaydisplacetheneedto

    openANWRtodrilling,aspoten6alproduc6on

    cannotexceedtheAlaskanpipelinemaximum

    WhatisroleoftheCoastGuardandNavyinthiseffort?