Melting Ice Caps and the Economic Impact of Opening the Northern Sea Route

@article{Bekkers2016MeltingIC,
  title={Melting Ice Caps and the Economic Impact of Opening the Northern Sea Route},
  author={Eddy Bekkers and Joseph F. Francois and Hugo Rojas�?Romagosa},
  journal={Wiley-Blackwell: Economic Journal},
  year={2016}
}
One consequence of melting Arctic ice caps is the commercial viability of the Northern Sea Route, connecting East Asia with Europe. This represents a sizeable reduction in shipping distances and average transportation days, compared to the conventional Southern Sea Route. We examine the economic impact of opening this route in a multi-sector Eaton-Kortum model with intermediate linkages. We find remarkable shifts in trade flows between Asia and Europe, diversion of trade within Europe, heavy… Expand
Towards a balanced view of Arctic shipping: estimating economic impacts of emissions from increased traffic on the Northern Sea Route
The extensive melting of Arctic sea ice driven by climate change provides opportunities for commercial shipping due to shorter travel distances of up to 40% between Asia and Europe. It has beenExpand
The opening of the Transpolar Sea Route: Logistical, geopolitical, environmental, and socioeconomic impacts
Abstract With current scientific models forecasting an ice-free Central Arctic Ocean (CAO) in summer by mid-century and potentially earlier, a direct shipping route via the North Pole connectingExpand
Increased maritime traffic in the Arctic: Implications for governance of Arctic sea routes
Abstract Climate change is producing maritime navigation opportunities in the Arctic. Melting sea ice in the summer months is increasing shipping and other vessel traffic. A well-developed body ofExpand
Economic and environmental impacts of Arctic shipping: A probabilistic approach
Abstract Arctic shipping is controversial due to the trade-off between its positive economic impact and its negative environmental effects. As both effects are affected by the uncertainty related toExpand
The impact of black carbon emissions from projected Arctic shipping on regional ice transport
The direct and indirect effects of global emissions of black carbon (BC) on the evolution of Arctic climate has been well documented. The significance of within-Arctic emissions of BC is lessExpand
Melting Arctic sea ice: Implications for nonindigenous species (NIS) spread in the United States
Abstract This paper estimates the impacts of future Arctic shipping on the risk of terrestrial and aquatic nonindigenous species (NIS) spread to the U.S. east coast from various Asian countries. WeExpand
An Extended Literature Review to Analyses the Economic Impact of Global Warming on Shipping Routes of Developing Countries
Global warming has created potential opportunities, one of which is the opening of new shorter shipping routes as a result of melting Arctic polar ice. It is expected that by the end of the 21stExpand
Hub ports in economic shocks of the melting Arctic
The melting ice in the Arctic will bring two new shipping routes, which can significantly shorten the transportation distance and stimulate trade among countries in the northern hemisphere. From th...
The environmental costs and economic implications of container shipping on the Northern Sea Route
ABSTRACT The Northern Sea Route (NSR) has tremendous potential for ocean shipping between Europe and Asia due to the savings from shorter transit time and distance. However, the Arctic area isExpand
Evaluating the feasibility of combined use of the Northern Sea Route and the Suez Canal Route considering ice parameters
Abstract Even though the Arctic ice is melting and Polar routes are being extensively studied, the amount of cargo shipped through the Northern Sea Route (NSR) remains low. Employing current data onExpand
...
1
2
3
4
5
...

References

SHOWING 1-10 OF 116 REFERENCES
Polar super seaways? Maritime transport in the Arctic: an analysis of shipowners’ intentions
Abstract The seasonal melting of sea ice in the Arctic Ocean, which has been confirmed for several summers in a row and is widely documented, has become a hot topic in the media. It is fuelling manyExpand
Perspectives of Northern Sea Route and Northwest Passage in the twenty-first century
The ability of modern climate models to simulate ice season length in the Arctic, its recent changes and navigation season on Arctic marine routes along the Eurasian and the North American coastlinesExpand
The potential economic viability of using the Northern Sea Route (NSR) as an alternative route between Asia and Europe
Abstract The Arctic Ocean has been greatly affected by climate change. Future predications show an even more drastic reduction of the ice cap which will open new areas for the exploration of naturalExpand
Container shipping on the Northern Sea Route
Since the beginning of the 20th century, the principal commercial maritime routes have changed very little. With global warming, the Northern Sea Route (NSR) has opened up as a possible avenue ofExpand
The rapid decline of the sea ice in the Russian Arctic
Abstract A study of the sea ice concentrations obtained by passive microwave satellite imagery during the 1979–2007 period reveals remarkable changes in the sea ice cover of the Russian Arctic. AExpand
The Arctic’s rapidly shrinking sea ice cover: a research synthesis
The sequence of extreme September sea ice extent minima over the past decade suggests acceleration in the response of the Arctic sea ice cover to external forcing, hastening the ongoing transitionExpand
The Northern Sea Route versus the Suez Canal: Cases from Bulk Shipping
The navigation distance via the Northern Sea Route (NSR) from a Northwest-European port to the Far East is approximately 40% shorter compared to the route via the Suez Canal. The shorter distance mayExpand
Arctic sea-ice change: a grand challenge of climate science
Abstract Over the period of modern satellite observations, Arctic sea-ice extent at the end of the melt season (September) has declined at a rate of >11% per decade, and there is evidence that theExpand
Projected 21st-century changes to Arctic marine access
Climate models project continued Arctic sea ice reductions with nearly ice-free summer conditions by the mid-21st century. However, how such reductions will realistically enable marine access is notExpand
Reconstructed changes in Arctic sea ice over the past 1,450 years
TLDR
A network of high-resolution terrestrial proxies from the circum-Arctic region is used to reconstruct past extents of summer sea ice, and shows that both the duration and magnitude of the current decline in sea ice seem to be unprecedented for the past 1,450 years. Expand
...
1
2
3
4
5
...