Prior to 2015, 234 tons of gold was exported from Alaska
In 2016, Alaska's fishing industry had a value of $2 billion and produced 300,000 tons of salmon, cod and crab
Each year round Alaska's tourism brings in almost $2.5 billion and generates employment for about 1000 people
Despite being one of the smallest states in the US, Alaska is the largest by land area
Challenges to Development in Alaska
Difficult to access resources
Lack of education and poor infrastructure
Extreme Temperature
Prudhoe Bay's mean annual temperature is about -9°C and exposure to extreme cold, such as snow and strong winds, is common
Daylight hours vary a lot - Utqiaġvik, north Alaska, is in darkness for up to 52 days in the winter but in the summer it might see 24 hours of uninterrupted daylight
Inaccessibility
Alaska is a long way from the rest of the US
Some areas are extremely remote, and the mountainous terrain makes access difficult and expensive
In winter the only way to get to some towns is via expensive aircraft or dangerous ice roads
In summer, there are no roads to some towns because the ground is too soft
The population of Alaska is small and scattered - people in small towns may be a long way from employment opportunities or services
Buildings and Infrastructure
Providing buildings and infrastructure capable of withstanding either extreme cold or permafrost is difficult and expensive
Most construction work can only take place in summer, when the days are longer and temperatures are warmer
The value of some resources means that people find ways to develop them despite the challenges, e.g. some parts of the Trans-Alaska oil pipeline are raised on stilts to prevent it melting the permafrost, which would make the ground unstable
Cold Environments
Can be challenging - it's what you get when you combine a beautiful, frozen wilderness with some useful development opportunities
Strategies are needed to address the challenges of cold environments, such as international agreements and conservation efforts
The 1959 Antarctic Treaty, signed by 12 nations, prohibits nuclear explosions and the disposal of radioactive waste in Antarctica, and regulates the use of ships with onboard nuclear reactors
Conservation efforts aim to protect the unique environments and wildlife found in cold regions, such as the Arctic and Antarctica