We have compiled more data that explains what is actually at stake.
Greenland by the Numbers
The facts tell a clearer story than the politics. Greenland holds 36 million metric tons of rare earth elements, commands a military base 950 miles from the North Pole, and sits astride shipping routes that have seen cargo traffic increase 17-fold since 2010. It is 80 percent ice, contains enough water to raise global sea levels by 24 feet, and receives the equivalent of over $10,000 USD per resident annually.
Why Russia and China Are Racing for Arctic Control
Russia operates the world's largest icebreaker fleet. China has declared itself a "near-Arctic state" and is building polar research stations. The competition for Arctic access is intensifying, and Greenland's location makes it impossible to ignore.
America's Long History of Trying to Buy Greenland
President Trump is not the first American leader to pursue Greenland. Secretary of State William Seward explored buying it in 1868. President Truman offered $100 million in gold in 1946. The Pentagon urged President Eisenhower to try again in 1955. For more than 150 years, Democrats and Republicans alike have viewed Greenland as a strategic asset worth acquiring.
What We Are Tracking Next Week
While much of the focus this month has been on a world order being rocked by protests and upheaval, what will happen on Capitol Hill will be just as important. Congress soon returns to a key test of whether bipartisan cooperation can still function when it matters with the government funding deadline coming on January 30. Most appropriations bills have passed, but the Homeland Security bill will face an uphill battle over disagreements about ICE oversight as it conducts immigration enforcement in Minneapolis and other cities. Senate leaders say a shutdown will be avoided. We will see if they are right, but it is only possible if members are willing to work across the aisle. Many of No Labels’ closest congressional allies are working to find bipartisan solutions. We are watching to see if they will.
Peyton Lofton
Senior Policy Analyst