The
release of methane is, as we know actual, and I daresy it will cost a
lot more than the world's GDP. But, Nafeez Ahmed has brought this to
the mainstream which deserves praise
Arctic
methane release is an 'economic time bomb' - study
Disappearance
of Arctic sea ice could trigger devastating methane release costing
the world's entire GDP
Nafeez Mossadeq Ahmed
Nafeez Mossadeq Ahmed
24 July, 2013
The
release of a giant methane pulse from thawing Arctic
permafrost could destabilise the climate system and trigger huge
costs to the global economy within coming decades, warns a
forthcoming paper in the journal Nature.
The
paper highlights the link between the "unprecedented rate"
of melting of Arctic sea ice, and the intensifying methane emissions
from thawing offshore permafrost. The East Siberian Arctic Shelf
(ESAS) alone carries a 50 Gigatonne (Gt) reservoir of methane gas
hydrates which could be released slowly over 50 years or
"catastrophically fast" in a matter of decades under the
current pace of global warming.
The
increasing release of methane coupled with the loss of Arctic sea ice
would create an amplifying feedback "speeding up sea-ice
retreat, reducing the reflection of solar energy and hastening
sea-level rise as the Greenland ice sheet melt accelerates."
Recent research
on 'Arctic amplification'
has demonstrated a complex relationship between the earth system and
the Arctic. The accelerating melt process is already altering the jet
stream which seems to be multiplying and accentuating extreme weather
events.
"Extreme
weather events over the last few years apparently driven by the
accelerating Arctic melt process - including unprecedented heatwaves
and droughts in the US and Russia, along with snowstorms and cold
weather in northern Europe – have undermined harvests, dramatically
impacting global food production and contributing to civil unrest."
The
authors of the Nature article, modelling the potential consequences
of the 50 Gt East Siberian methane release over different time
periods, conclude that it "will bring forward by 15–35 years
the date at which the global mean temperature rise exceeds 2C above
pre-industrial levels" - the 'safe limit' accepted by
policymakers (though its safety has been disputed by leading
scientists).
Under
a business as usual scenario, this will generate an "extra $60
trillion (net present value) of mean climate
change
impacts" - nearly the same value as the entire GDP of the global
economy. The lower emissions scenario (which unfortunately looks far
less plausible at the moment) would "be an extra $37 trillion"
- still over half of world GDP.
Two
of the Nature authors are leading business school scholars - Prof
Gail Whiteman at the Department of Business-Society Management,
Erasmus University, and Dr Chris Hope at the Judge Business School,
Cambridge University. The third author is Prof Peter Wadhams, Head of
the Polar Ocean Physics Group at Cambridge.
They
point out that 80% of climate change impacts will hit poorer, less
developed countries through "inundation of low-lying areas,
extreme heat stress, droughts and storms", all of which will be
"magnified by the extra methane emissions." But they also
emphasise that their analysis only focuses on potential impacts from
"one feedback" involving methane release from the ESAS, and
is therefore probably "conservative" - implying actual
costs could be much higher. They warn of an urgent need to:
"...
re-direct economic attention from short-term economic gains from
shipping and extraction to what appears to be an economic
time-bomb... The costs of Arctic change carry significant – yet
thus far invisible – risks to our global economic foundations."
The
authors urge the World Economic Forum, the International Monetary
Fund, and other financial institutions to embark on new research
accounting for such dramatic costs of Arctic climate change, which so
far have been insufficiently recognised.
Current
models do not incorporate amplifying feedbacks such as "linking
the extent of Arctic ice to increases in Arctic mean temperature,
global sea level rise and ocean acidification"; nor do they
include critical "feedback loops", such as "the
effects of black carbon deposits from forest and agricultural fires,
diesel use and industrial activity on snow and ice reflectivity and
melting", as well as links between Arctic sea ice extent, global
sea level rise, increased shipping and the increase in Arctic local
temperatures. Without analysing these factors, "world leaders
and economists will continue to miss the big picture."
The
extent to which the majority of climate models have underplayed the
scale of the challenge in the Arctic is evident from a
new paper in Proceedings of the National Academy of Sciences (PNAS)
which projects that the Arctic will be ice free in September by
around 2054-58. The projection departs significantly, however, from
actual
empirical observations
of the rapid
loss of Arctic summer sea ice
which is heading for disappearance within
three years
according to Nature co-author and renowned sea ice expert Prof
Wadhams.
NASA
airborne
surveillance
in the Arctic has already encountered large "plumes of methane"
as much as 150 kilometres wide. While no one knows for sure how and
when a significant methane release might occur, recent
evidence
shows that once the Arctic summer sea ice disappears the chances of
breaching
a tipping point
in methane release from melting permafrost are
far higher.
New
research
led by Dr Anton Vaks of Oxford University
reconstructing the history of Siberian permafrost shows that
continuous melting sufficient to release significant quantities of
methane would begin at around 1.5C, a temperature rise to which the
world is already committed early this century.
Underscoring
the urgency of mitigation efforts, the Nature paper warns that it
would be:
"...
difficult, perhaps impossible, to avoid large methane releases in the
East Siberian Sea without significant reductions in global emissions
of CO2, since it is seabed warming, a product of summer sea ice
retreat, which directly drives the methane release."
If
Prof Wadhams is correct in his forecast that the summer sea ice will
be gone by 2016, then we could be closer to the tipping point than we
realise.
Dr
Nafeez Ahmed
is executive director of the Institute
for Policy Research & Development
and author of A
User's Guide to the Crisis of Civilisation: And How to Save It
among other books. Follow him on Twitter @nafeezahmed
The economically vested interests will make sure that the "public" will never understand why the loss of arctic sea ice even matters.
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