Finance

President Trump Proposes His Own Green New Deal, Makes Offer For Greenland

By Daniel M

August 16, 2019

Greenland has said it is “not for sale” following reports that US President Donald Trump has spoken about buying the world’s biggest island.

The president is said to have discussed the idea of purchasing Greenland, an autonomous Danish territory, during dinners and meetings with advisers.

But Greenland’s foreign ministry dismissed the idea, saying: “We’re open for business, not for sale.”

Mr Trump’s reported plans have also been quickly dismissed by politicians in Denmark. “It must be an April Fool’s Day joke…but totally out of [season]!”, tweeted former Prime Minister Lars Lokke Rasmussen.

The Wall Street Journal (WSJ), which first reported the news, said Mr Trump had spoken about the purchase with “varying degrees of seriousness”.

Sources quoted in other media differed over whether the president was joking or seriously hoping to expand US territory.

The White House has not commented on the reports.

Where is Greenland?

Greenland is the largest island in the world (after Australia, which is defined as a continent in its own right). It is an autonomous Danish territory, located between the North Atlantic and Arctic oceans.

 

It has a population of about 56,000 people concentrated around the coastline. Almost 90% are indigenous Greenlandic Inuit people. It has a limited self-government and its own parliament.

More than 80% of the island is covered by an ice cap. Global warming is feared to be causing the ice cover to melt increasingly quickly but has also increased access to its mineral resources.

Greenland Premier Kim Kielsen has not commented publicly on the reports about Mr Trump.

Why would it be appealing to Trump?

Mr Trump has reportedly taken an interest in Greenland, in part, because of its natural resources, such as coal, zinc, copper and iron ore.

But while Greenland might be rich in minerals, it currently relies on Denmark for two thirds of its budget revenue. It has high rates of suicide, alcoholism and unemployment.