Saturday, September 12, 2009

Arctic Passage for Shipping

Letter to Congress:

EIN News says, "Arctic Shortcut Beckons Shippers As Ice Thaws. For hundreds of years, mariners have dreamed of an Arctic shortcut that would allow them to speed trade between Asia and the West. Two German ships are poised to complete that transit for the first time, aided by the retreat of Arctic ice that scientists have linked to global warming. (nytimes.com)".
We don't know the cause of the retreat of Arctic ice, which would allow this commercially significant development. It is obviously local warming in the Arctic and may be related to global warming, but the latter is obviously a supposition. It would also be a long stretch to assume that the cause is man-made, especially since records show various periods of global warming on earth, which could not have had any man-made influence.
Whatever the cause, it is an opportunity to take advantage of. Congratulations to the two German ships. Where are the Americans? Has Congress frustrated US entrepreneurs to the extent that they no longer have incentive for development?

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