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Development opportunities
Energy - Half of Alaska’s income, Oil + Gas in Prudhoe Bay and the Trans-Alaska oil pipeline.
Mineral Resources - Gold, Silver, Iron can be mined in Tintina gold belt.
Tourism - 2 million visit, $2.5 billion annually 39000 employed
Fishing - good fish stocks of salmon and crab, employs 100,000 people
Challenges to development
Extreme cold - Prudhoe bay average temp -9C, dangerous to work in.
Remote and bad infrastructure - terrain makes access difficult making it expensive to use air travel and limiting development.
Conservation of environment - cold environments are fragile and can take centuries to repair. preserve rare species
Strategies to balance economic development
Action by governments - the National Environmental Policy Act ensure that the extraction and transportation of oil has to protect the environment.
International agreement - Antarctic treaty prevents economic development and also controls tourism to prevent disturbances
What conservation groups help to protect cold environments
WWF the World Wildlife Fund encourage sustainable management and report on environmental issues.