PannickAtTheDisco
Well-Known Member
I was watching a video on the NorthWest Passage recently which highlighted how the effects of climate change, amongst other things, has started to allow very early commercial traffic to travel between the Atlantic and Pacific which is cutting thousands of miles off Chinese import journeys. The figure I saw was $80,000 less fuel and 25% more cargo between Shanghai and New York.
Anyway, in the same video they started looking at the possibility of a complete melting of Arctic ice and how it might create whole new trading routes. They theorise that Scotland would undergo an economic boom as sailing cargo from China or Russia over the pole would save tens of thousands of miles rather than across the Indian Ocean and through the Suez. Norway is a closer country but doesn't have the cargo moving infrastructure that the UK has.
They could potentially be a major trading port in 50 years.
if they aren't under water or uninhabitable from the climate shifts that would ensue.