Wednesday, July 24, 2013

Voice of America: Study: Arctic Methane Release Could Cost Economy $60 Trillion

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries 
Study: Arctic Methane Release Could Cost Economy $60 Trillion
Jul 24th 2013, 21:20, by webdesk@voanews.com (Reuters)

A release of methane in the Arctic could speed the melting of sea ice and climate change with a cost to the global economy of up to $60 trillion over coming decades, according to a paper published in the journal Nature.   Researchers at the University of Cambridge and Erasmus University in the Netherlands used economic modeling to calculate the consequences of a release of a 50-gigatonne reservoir of methane from thawing permafrost under the East Siberian Sea.   They examined a ...

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