Greenland’s new government will keep raw materials and the question of how the island will address the increased attention from the industry on the national agenda. Yet the indications are that the balance will be entirely different this time around. In connection with the recent presentation of the government platform, it became clear that the government wishes to slow down the oil exploration in the area, writes Politiken on Wednesday.
Consequently, the government recently announced a temporary halting of new permits for oil prospecting. Additionally, the government wants to toughen laws on the importation of foreign labor, the focus on nature protection must be increased, and Greenland must have royalties, the percentages of which can be raised when bigger projects are undertaken.