GreenTracker| Scientists studying the Arctic as part of the International Polar Year project say the region is melting faster than expected, warming at a rate twice that of the planet. US-based Pew Environment group estimated the cost of the Artic’s rapid ice melt at $2.4 trillion by 2050.
As we’re previously reported, not everyone considers the Arctic melt a problem without significant benefits. Interest is high in massive gas fields in the Mackenzie River Delta on the Beaufort Sea. Making the Arctic accessible by ships inspires business interests wanting to save time with a much shorter route over the North Pole, one also safer by avoiding the ‘security hot zone’ (think Somalia) of countries lying near the 10th parallel. via Science Daily