In the simplified game concerning Greenland’s future, the United States has entered a new phase where the White House is calculating the value of Greenland’s resources. It’s a calculation that is far from straightforward.

Valuing Greenland's resources is like Scrooge McDuck planning a treasure hunt

Extraction of rare earth metals in the mountains at Kuannersuit (Kvanefjeld) in South Greenland has stalled due to the risk of radioactive contamination. The mountain can be seen on the left. Foto: Valdemar Ren
Extraction of rare earth metals in the mountains at Kuannersuit (Kvanefjeld) in South Greenland has stalled due to the risk of radioactive contamination. The mountain can be seen on the left. Foto: Valdemar Ren
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Multiplujillions. Most people are familiar with Uncle Scrooge’s calculations when the world’s greediest duck prepares for a hunt for unknown treasures, gems, and gold.

Valuing Greenland’s resources can resemble Uncle Scrooge’s planning of a treasure hunt: enormous uncertainty and high margin of error.

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