Transcript
A (0:00)
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B (1:38)
To this very live, very special report on everything that's been going on at Davos and of course, Greenland. We are joined by a former guest of ours, been on the show a number of times. She's advised two US presidents. I think Pippa, I'm right in saying Dr. Pippa Malgram and your late father, who was someone we both really respected as well, advised for US President. So collectively, I think you've got a hell of a lot of knowledge about this. And behind you, we can actually see Greenland, which is a country didn't really expect to become relevant in territory, but it has. So first and foremost, crazy stuff's been going on at Davos. So much to talk about, explain to, to, to people who've been living their lives, feeding their families, going to their things, not really paying too much attention. What on earth is going on?
C (2:29)
Okay, it's so great to see you guys first of all. And gosh, you know, I know you started out as comedians and this is a moment where we need humor and, you know, dealing with this issue because it's a lot of heavy stuff. So bottom line is the United States has said to its NATO partners that it needs to have a greater presence on the island of Greenland, which is the largest island in the world. It's an Arctic island, and there it is in the background. It's cold and snowing here. And under the terms of a treaty from 1951, the United States does have the right to do pretty much anything it wants to militarily here. So the island is part of the royal of the Kingdom of Denmark, but it is strategic, security wise, aligned with the United States, the Greenlanders, and there are only 58,000 of them that live here. They have been going through a process of a kind of a long, slow divorce with Denmark, but it's not a finished divorce. They're not independent yet. And their view is they want to be independent of all of you guys. And they're annoyed because when President Trump said, well, we just gotta have Greenland, and he used the language, we'll take it if we have to. Because they're like, wait, we live here, so you can't just take it. So everybody's been on very high stress around this. I'll give you my personal view based on my background working on geopolitics globally, but also I've been very focused for the last five years or so on the geopolitics of the Arctic to try to understand why is this happening? And I think part of the answer is Ukraine. So the President's trying to bring the war in Ukraine to an end. So far, pretty much everybody agrees. Russia says, yes, we'll get to an agreement. Ukraine now says, yes, we'll get to an agreement. The parties that say, no, we want to continue the war are the Europeans, for a variety of different reasons. And so the President says, okay, well, the US doesn't want to continue in this war, and we think it's a stupid war. And if you guys want to carry on, then Greenland becomes critically important because where would Russian nuclear weapons, either on submarines or ships, where would they come through towards the United States? They would come through this physical space known as the Juke Gap, the Greenland, Iceland, UK Gap. And it's literally the body of water between Greenland, Iceland and the United Kingdom. Scotland, that becomes a place you would have to have a close eye on to see whether the Russians were bringing nuclear weapons into the Atlantic. So they're like, obviously, Russia's going to escalate if the Europeans continue with the war. How would they do that? Nuclear. Where would they do that? Potentially also aiming at the United Kingdom, because Scotland is the base for all of Britain's nuclear capability. If Britain wants to continue the war, that becomes call it a target. And so that's one reason. But I'll give you one more, and it's one that is never mentioned in the press, and that is that the Arctic is now central to the space race. So there's a massive race going on between the US and China, especially to get into space. Now you say, but wait, don't we have enough problems here on Earth? Why are we spending all this money on space? And the answer is because it represents three very important things. The unlimited energy, unlimited resources without having to dig Earth up anymore, and unlimited Internet connectivity. The unlimited energy is space based solar power, where you beam energy from space to Earth in radio waves so it's safe. And now you can have energy anywhere you want. That is progressing very fast. Already Google has announced the Sun Catcher project. So they're saying we're going to put our data centers in orbit and on the moon and we're going to be back not just data, but energy. Plus the moon, it turns out, has very special moon dust. It's called regolith. And in the regolith is something called Helium 3. Now Helium 3 is very rare on Earth. We found a patch of it in Minnesota, but it's very hard to find it on Earth, but there's loads of it on the moon. So there's a race to get to it, because helium 3 is very densely packed energy and you need it to do nuclear fusion. And we're getting closer to nuclear fusion, which would be unlimited energy. And you need it to do quantum computing because you use it to cool down the computers. So it matters who gets there first. And the thing then the second is resources, asteroid mining, which sounds far away, but it's coming. And third is the connection. And the key to the Arctic is the connection to the mega constellations of satellites that surround Earth. One of the best ways to get the data to Earth and then to you and me and our cell phones is through one point in the Arctic called Svalbard. And that is the ground station for the polar satellites and the polar related data that then connects to the subsea cables and ends up on your phone and lets you use Uber Eats or Doordash or whatever it is you use to order food at your door. Now in 2022, somebody started cutting the Internet cables that connect the space link to the subsea cables, which is the fastest Internet cable in the world. And you're like, why is that in the Arctic? And the answer is because this is the, like, umbilical cord for data from space to connect to everything around Earth. So if somebody's cutting the cable, then there's suddenly a need to have a backup. Now, where would you have a backup? You need another Arctic site. So where should there be other ground stations? Greenland would be one. And that helps explain why the United States is suddenly making this a super high priority, is because there's a point of vulnerability in what the Pentagon now calls the most important war fighting domain, which is space. So that's another reason why this is suddenly happening.
