Sunday, June 23, 2013

Global Warming: Even if true, could be good

"No matter what one thinks should be done about global warming, the fact is, it’s happening. And it’s not all bad. In the Arctic, it is turning what has traditionally been an impassible body of water ringed by remote wilderness into something dramatically different: an emerging epicenter of industry and trade akin to the Mediterranean Sea. The region’s melting ice and thawing frontier are yielding access to troves of natural resources, including nearly a quarter of the world’s estimated undiscovered oil and gas and massive deposits of valuable minerals. Since summertime Arctic sea routes save thousands of miles during a journey between the Pacific Ocean and the Atlantic Ocean, the Arctic also stands to become a central passageway for global maritime transportation, just as it already is for aviation"

http://www.foreignaffairs.com/articles/139456/scott-g-borgerson/the-coming-arctic-boom

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