Fearing toxic waste, Greenland ended uranium mining. Now, they could be forced to restart - or pay $11bn
The island is being sued by a mining company over its decision, and faces paying nine times its annual budget in damages if it losesRead more: Revealed: how Wall Street is making millions betting against green lawsFrom the iceberg-filled bay, the mountains above the town of Narsaq, in south-west Greenland, appear unremarkable. In the September warmth, clumps of grass cling to the smooth, grey peaks shaped over centuries by an enormous ice cap that lurks behind the fjords on the horizon.Brightly coloured homes are scattered around the shoreline below, home to a community of just over 1,300 people. Were it not for a mining outhouse on the edge of town, there would be little indication of the potential riches in the rock. Continue reading...
The island is being sued by a mining company over its decision, and faces paying nine times its annual budget in damages if it loses
Read more: Revealed: how Wall Street is making millions betting against green laws
From the iceberg-filled bay, the mountains above the town of Narsaq, in south-west Greenland, appear unremarkable. In the September warmth, clumps of grass cling to the smooth, grey peaks shaped over centuries by an enormous ice cap that lurks behind the fjords on the horizon.
Brightly coloured homes are scattered around the shoreline below, home to a community of just over 1,300 people. Were it not for a mining outhouse on the edge of town, there would be little indication of the potential riches in the rock. Continue reading...
