Taming the Arctic oil rush

Taming the Arctic oil rush /Arne Jernelov, a former director of IIASA, Project syndicate, 17/01/2013

http://www.project-syndicate.org/commentary/the-risks-of-offshore-arctic-oil-drilling-by-arne-jernelov

The rapid shrinkage of Arctic ice cover is one of the most dramatic changes in nature currently occurring anywhere on the planet, with profound environmental and economic implications. On one hand, we stand to lose one of the Earth’s largest and most significant ecosystems. On the other hand, the once fabled northeast and northwest passages will reduce shipping times and costs by as much as half, bringing China and Japan much closer to Europe and North America’s east coast…


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