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This lecture discusses the ethical and environmental implications of exploiting oil reserves discovered in Greenland, focusing on the conflicting interests between economic development and climate change mitigation. The lecture explores the challenges faced by Greenland, a country heavily dependent on Denmark, in deciding whether to extract the oil for financial independence or prioritize environmental sustainability. The instructor presents arguments for and against oil extraction, considering the potential economic benefits for Greenland's population, the risks of environmental degradation, and the geopolitical factors involved in the decision-making process.