The Future of Arctic Shipping
October 26th, 2008Posted by: admin
The November issue of The Atlantic has a map outlining future shipping possibilities if the Arctic – as currently anticipated – becomes ice-free in the summers starting five short years from now. It’s worth taking a closer look at the whole thing.
Given the expected timeframe for the clearing of traffic routes, the important policy questions are not restricted to how this might be prevented or reversed. Countries like Denmark, Russia, Canada and the United States are are already starting to grapple with what policies need to change when shipping changes routes, requiring people, ports, defense and security in places where virtually none of these (and almost as few people) have been for a while.
October 27th, 2008 at 1:55 pm
Anyone know a way to invest to go short on the “expectation” that the Arctic will be free of ice five summers from now?