January 28, 2006
SHOCKED AND APPALLED IN LATTE LAND
Melting ice starts rush for Arctic resources (Anthony Browne, The Times, January 28th, 2006)
It is covered by thick ice, plunged into darkness for much of the year, and blasted by freezing winds. But the Arctic Ocean is being transformed by global warming from a no-man’s-land into the front line of a scramble for resources.The melting of the ice pack is opening up vast reserves of offshore oil and gas, new shipping routes and fishing grounds, according to experts at the World Economic Forum.
But the scramble for Arctic wealth is complicated by the lack of agreement on which countries have legal claim to the territory, as well as border disputes, including those between Russia and the US. [...]
George Newton, the chairman of the US Arctic Research Commission, told delegates at the conference of business leaders in Davos, Switzerland, that temperatures in the Arctic were expected to rise 5.5C (41.9F) in the next 100 years, and that last year the Arctic ice sheet was smaller than ever.
“When we’ve been talking about climate change it’s with concern, but we’re talking about opportunity,” he said.
Apparently even Gaia has converted to the third way.
Posted by Peter Burnet at January 28, 2006 8:14 AMWe'll need a place to resettle the east-coast residents once their property becomes ocean-bottom.
Posted by: Robert Duquette at January 28, 2006 10:29 AMI'll believe it when I start getting email spam offering Arctic Ocean-front retirement property.
Our city place is at about 70 feet elevation; the suburban house is at about 90 feet. Bring it on.
Posted by: Lou Gots at January 28, 2006 11:11 AMOh yes, the brilliant scientists and economists at Davos. A 5.5C degree increase in temperature converts to 9.9F degrees. These super genuises added the 32 degree difference in the zero points of the two systems.
I guess we should be happy that they're only off by a factor of 4 this time!
Posted by: David Rothman at January 28, 2006 11:16 AMI think that the highest point in Florida is around 80 feet. DisneyWorld will someday be WaterWorld.
Posted by: Robert Duquette at January 28, 2006 4:35 PMForget New Orleans, start building dikes around Florida.
I'm certainly enjoying the weather this winter, but the Russians don't seem to be.
Posted by: Genecis at January 28, 2006 5:26 PM