The Arctic: climate change’s great economic opportunity
An enormous prize is on offer. When might it be grasped?
For bears of both the market and polar kind, a planet without an ice cap is a tragedy. The Arctic is warming four times faster than the world at large, causing ice to shrink by an area the size of Austria each year. Since the 1980s the volume of ice has fallen by 70% or more. The Arctic’s first ice-free day may occur before 2030.
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This article appeared in the Finance & economics section of the print edition under the headline “Break the ice”
Finance & economics
January 25th 2025- The Arctic: climate change’s great economic opportunity
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From the January 25th 2025 edition
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