Yes, I'm again talking about 'following the money'.

Those who fight anything that would help halt global warming, are all
connected by money, that is, will it INCREASE Profits, and Global Warming
will definitely increase profits for these International Corporations who
have enough financial clout to effect entire countries economies.

And it isn't just that they'd have to raise prices to keep profits in the
Carbon Fuel (it is NOT Fossil Fuel) market should regulations interfere
with Profits, it is that the melting polar ice caps, mean increased profit
for even more international companies, just ask the northern most mining
companies, Citigroup, and Exxon Mobil.......and on and on.....

Please keep in mind, if you purchase these people products, this is where
their profit incentive comes from.

Scott
http://tiny.cc/ejeka

or

http://www.nytimes.com/2011/10/18/business/global/warming-revives-old-dream-of-sea-route-in-russian-arctic.html?src=un&feedurl=http%3A%2F%2Fjson8.nytimes.com%2Fpages%2Fscience%2Findex.jsonp

Warming Revives Dream of Sea Route in Russian Arctic
(A version of this article appeared in print on October 18, 2011, on page
B1 of the New York edition with the headline: Amid the Peril, a Dream
Fulfilled.)

By ANDREW E. KRAMER
Published: October 17, 2011

ARKHANGELSK, Russia — Rounding the northernmost tip of Russia in his
oceangoing tugboat this summer, Capt. Vladimir V. Bozanov saw plenty of
walruses, some pods of beluga whales and in the distance a few icebergs.

One thing Captain Bozanov did not encounter while towing an industrial
barge 2,300 miles across the Arctic Ocean was solid ice blocking his path
anywhere along the route. Ten years ago, he said, an ice-free passage,
even at the peak of summer, was exceptionally rare.

But environmental scientists say there is now no doubt that global warming
is shrinking the Arctic ice pack, opening new sea lanes and making the few
previously navigable routes near shore accessible more months of the year.
And whatever the grim environmental repercussions of greenhouse gas,
companies in Russia and other countries around the Arctic Ocean are mining
that dark cloud’s silver lining by finding new opportunities for commerce
and trade.

Oil companies might be the most likely beneficiaries, as the receding
polar ice cap opens more of the sea floor to exploration. The oil giant
Exxon Mobil recently signed a sweeping deal to drill in the Russian sector
of the Arctic Ocean. But shipping, mining and fishing ventures are also
looking farther north than ever before.

“It is paradoxical that new opportunities are opening for our nations at
the same time we understand that the threat of carbon emissions have
become imminent,” Iceland’s president, Olafur Ragnar Grimsson, said at a
recent conference on Arctic Ocean shipping held in this Russian port city
not far south of the Arctic Circle.

At the same forum, Prime Minister Vladimir V. Putin of Russia offered a
full-throated endorsement of the new business prospects in the thawing
north.

“The Arctic is the shortcut between the largest markets of Europe and the
Asia-Pacific region,” he said. “It is an excellent opportunity to optimize
costs.”

This summer, one of the warmest on record in the Arctic, a tanker set a
speed record by crossing the Arctic Ocean in six and a half days, carrying
a cargo of natural gas condensate. The previous record was eight days.

Scientists say that over the last 10 years the average size of the polar
ice sheet in September, the time of year when it is smallest, has been
only about two-thirds the average during the previous two decades. The
Arctic Monitoring and Assessment Program, a Norwegian group studying the
Arctic, forecasts that within 30 or 40 years the entire Arctic Ocean will
be ice-free in the summer.

And so business plans are being drawn up to capitalize on changes in a
part of the world that for much of seafaring history was better known for
grim final entries in diaries of explorers like Hugh Willoughby of
England. He died with his crew in 1553 trying to navigate this shortcut
from Europe to Asia, known as the Northeast Passage.

The Russians, by traveling near the coast, have been sailing the Northeast
Passage for a century. They opened it to international shipping in 1991,
after the breakup of the Soviet Union. But only recently have companies
begun to find the route profitable, as the receding polar ice cap has
opened paths farther offshore — allowing larger, modern ships with deeper
drafts to make the trip, trimming days off the voyage and saving fuel.

In 2009, the first two international commercial cargo vessels traveled
north of Russia between Europe and Asia. This year, 18 ships have made the
now mostly ice-free crossing.

The voyages included a scenic cruise through the Northeast Passage,
departing from Murmansk and arriving in Anadyr, a Russian port in the
Pacific Ocean across the Bering Sea from Alaska. “The voyage offered
attractions such as abandoned Russian polar stations,” the Australian
operator, Aurora Expeditions, noted in its promotional literature.

On some routes, the trip over the top of Russia is now competitive with
the passage from Europe to Asia via the Suez Canal. The voyage from
Rotterdam to Yokohama, Japan, via the Northeast Passage, for example, is
about 4,450 miles shorter than the currently preferred route through the
Suez, according to Russia’s Transportation Ministry. (Of course, the
Arctic route has a way to go before catching up to the 18,000 ships a year
sailing through the Suez Canal.)

But the primary use of Arctic Ocean shipping has been to support other
industries heading farther north, like mining and oil drilling, according
to participants at the Russian conference.

Tschudi, a Norwegian shipping company, has bought and revived an idled
iron ore mine in the north of Norway to ship ore to China through the
Northeast Passage. The voyage to Lianyungang in China took 21 days in
2010, compared with the 37 days typically required to sail to China
through the Suez. Tschudi executives estimate they save $300,000 a trip.

“Very few people in the shipping community know about this route,” Felix
Tschudi, the chairman, said in an interview.

The Russian company Norilsk’s nickel and copper mine can now ship its
metals across the Arctic Ocean without chartering ice breakers, as in the
past, saving millions of rubles for shareholders. In northwest Alaska, the
Red Dog lead and zinc mine moves its ore through the Bering Strait, which
is less often clogged with packed ice than in past decades.

Page 2 and end of article
http://tiny.cc/69hss

or

http://www.nytimes.com/2011/10/18/business/global/warming-revives-old-dream-of-sea-route-in-russian-arctic.html?pagewanted=2&src=un&feedurl=http://json8.nytimes.com/pages/science/index.jsonp

(Page 2 of 2)

Citigroup’s Moscow office has identified five Russian companies as well
positioned to benefit from global warming in the north, where temperatures
are rising about twice as fast as the global average.

Besides Norilsk, they included Sovcomflot, the state shipping company, and
the nation’s two largest natural gas companies, Gazprom and Novatek. The
fifth is Rosneft, the state oil company that has entered the joint venture
with Exxon Mobil to drill in the Kara Sea, a part of the Russian sector of
the Arctic Ocean. Russia is retooling a military shipyard outside
Arkhangelsk that built the Soviet Union’s nuclear submarines to make
ice-capable oil and gas drilling platforms.

For the international fishing industry, the target is the so-called Arctic
Ocean doughnut hole — the millions of square miles in the ocean’s center
that are beyond the 200-mile exclusive economic zones of the coastal
nations. Until 2000, the entire doughnut hole was frozen year round. Now,
large portions north of Alaska and eastern Siberia are usually ice-free in
the summer.

The specter of hungry southern nations fishing the newly navigable
doughnut hole prompted a recent report by the Pew Environment Group to
warn that without a new set of regulations for the region, Arctic cod
populations might be decimated.

Meanwhile, because ice floes still menace shipping even in the otherwise
open sea lanes, authorities in the United States, Russia and Norway are
studying the business potential of overhauling ports on both sides of the
Northeast Passage to transfer containers from ordinary freighters to
ice-class vessels that would ply the Arctic Ocean, serving Asia, Canada,
the United States West Coast and Europe.

Under this plan, now hopelessly remote ports like Kirkenes in Norway or
Adak in Alaska, south of the Bering Strait, might be transformed into
bustling logistics hubs for Arctic shipping.

Alaska’s lieutenant governor, Mead Treadwell, was among those who attended
the Russian conference. He noted that about $1 billion worth of goods
passed through the Bering Strait last year. “The ships,” he said, “are
coming.”
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A version of this article appeared in print on October 18, 2011, on page
B1 of the New York edition with the headline: Amid the Peril, a Dream
Fulfilled.







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