Tag Big Question Series

41 Items, Page 4 of 9

Melting Artic

Forecasting the Arctic’s Future

How will the Arctic change within our lifetimes? While not a crystal ball, there is a tangible example that is likely to foreshadow the future, at least in part of the Arctic. The formerly perennially frozen Eastern Russian, Alaskan, Canadian and Greenlandic Arctic is beginning to look much more like the Scandinavian Arctic and will likely begin to behave like the North Atlantic in terms of warmer water, species diversity, surface temperature moderation, ship traffic, and commercial potential.

Arctic energy

China’s Exaggerated Arctic Interests

The world’s awareness of petroleum resources in the Arctic soared in 2008 after an assessment from the United States Geological Survey indicated that 12.3 percent of global undiscovered oil resources and 32 percent of gas resources could be found there. The analysis was widely misinterpreted to reflect offshore reserves and created the perception of a huge untapped potential that was becoming more accessible because of the ice melt. It resonated strongly in China, which worried about soaring energy needs and over-dependence on the Middle East.

Arctic fishing

Navigating Tomorrow’s Arctic

No region on the planet is experiencing more dramatic climate change than the Arctic. In recent years, this has resulted in melting glaciers, rapid ecosystem changes, diminishing sea ice, and changes in the atmospheric circulation and ocean properties. Ocean temperatures are increasing due to global warming. In a business-as-usual scenario for greenhouse gas emissions, temperatures may increase by 8-10 degrees Celsius. Even in the most optimistic scenario for cutting greenhouse gas emissions, the Arctic will warm several degrees and fundamentally change as we know it today.

china arctic opportunities

Arctic Opportunities

Last month, Arctic sea ice extent reached a maximum of 5.57 million square miles – a record low. As the Arctic region rapidly transforms due to dramatic climate impacts, new economic opportunities and environmental challenges present themselves across the region. How realistic are these economic opportunities, and what factors will drive or delay future economic development?