JRL NEWSWATCH: “Russia’s Richest Man Owns More Melting Arctic Than Anyone” – Bloomberg/ Yuliya Fedorinova, Laura Millan Lombrana

Cartoon Sun and Thermometer, adapted from cdc.gov

“Vladimir Potanin’s sprawling Siberian mining operations make him the billionaire most exposed to the permafrost crisis.”

“Vladimir Potanin, one of the [world’s] 50 richest people … stood awkwardly on … Siberian tundra near … remote mining city … Norilsk. … less than a week since a spill[,] … one of Russia’s worst [Arctic] disasters …, caused … by an aging fuel tank owned by his mining operations. … receiv[ing] a verbal lashing from … Putin in front of a national audience. … The Arctic is warming with … rapid speed – more than twice … the global average – … where Nornickel’s mines produce enormous quantities of … minerals essential for rechargeable batteries. … [as well as] Map of Arctic Highlighting Permafrost, adapted from image at nasa.govnickel and cobalt found in millions of electric vehicles … [and] much of the palladium inside … catalytic converters … reduc[ing] tailpipe emissions. … Potanin [therefore is in] a paradoxical position: … manag[ing] a sprawling mining complex that produces raw materials needed for the transition away from fossil fuels … [while] operations disgorge dangerous pollution into the fragile Arctic. …”

Click here for: “Russia’s Richest Man Owns More Melting Arctic Than Anyone; Vladimir Potanin’s sprawling Siberian mining operations make him the billionaire most exposed to the permafrost crisis.” – Bloomberg/ Yuliya Fedorinova, Laura Millan Lombrana


[permafrost graphic is file image from an earlier year]