According to Kurt House, CEO of KoBold Metals, the reason billionaires like Bezos and Gates are funding a treasure hunt in Greenland is to identify important minerals that can be used to power millions of electric vehicles.
In an effort to locate critical metals beneath the melting ice of the island country, some of the wealthiest men in the world are supporting a "treasure hunt" in Greenland.
Iceland's glaciers are melting at a previously unheard-of rate, a paradoxical result of climate change. Mining corporations and investors think there is a gold mine of metals and minerals beneath the ice that can fuel the green revolution and end the climate catastrophe. The thawing ice has made it possible to uncover potential mining areas that had previously been hidden for generations.
To identify important minerals that can be used to power millions of electric vehicles, KoBold Metals has the support of billionaires like Bill Gates, Jeff Bezos, and Michael Bloomberg.
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