Global Research, July 30, 2013

… the “release of methane from thawing permafrost beneath the East Siberian Sea” would come with an “average global price tag of $60 trillion.” The news should have sent a shock wave through the media. But instead, predictably, the public were encouraged to celebrate—again and again, and again—the birth of the royal son.

…

Shakhova–Semiletov and Whiteman–Hope–Wadhams Studies

During the 1990s Russian scientist Dr. Natalia Shakhova had done studies of methane release from terrestrial permafrost in Eastern Siberia. In the fall of 2003, Shakhova and her colleague Dr. Igor Semiletov took the study offshore—to the East Siberian Arctic Shelf. Every year since then, they conducted annual research trips, mostly on ships during summer, but also one aerial survey in 2006, and one winter expedition on sea ice in April 2007. They published their findings in the 5 March 2010 issue of the journal Science.

Their research, for the first time, brought attention to the East Siberian Arctic Shelf as a key reservoir of Arctic methane that “encompasses more than 2 million square kilometers of seafloor in the Arctic Ocean,” and is “more than three times as large as the nearby Siberian wetlands” that was previously “considered the primary Northern Hemisphere source of atmospheric methane.” Their findings showed that the “permafrost under the East Siberian Arctic Shelf, long thought to be an impermeable barrier sealing in methane, is perforated and is starting to leak large amounts of methane into the atmosphere.” Shakhova pointed out that the current average methane concentrations in the Arctic is “about 1.85 parts per million, the highest in 400,000 years.”

The East Siberian Arctic Shelf is shallow, only about 164 feet in depth, which means that the methane that is getting released there, most of it is escaping into the atmosphere rather than getting absorbed into the water, which would have been the case if it was a deep seabed. Shakhova had warned at the time that the release of “even a fraction of the methane stored in the shelf could trigger abrupt climate warming.”

Shakhova and Semiletov now hold joint appointments with the International Arctic Research Center at the University of Alaska Fairbanks and the Pacific Oceanological Institute of the Russian Academy of Sciences. Their research is ongoing, and Shakhova is the lead scientist for the Russia–US Methane Study.

I pointed out earlier that the rapid loss of summer sea ice in the Arctic Ocean is a key contributor to—thawing of terrestrial permafrost. It is also a key contributor to—thawing of the subsea permafrost in the East Siberian Arctic Shelf.

With all these background information, I’m finally ready to discuss the Whiteman–Hope–Wadhams study.

Arctic nations, including US, Russia, Canada, Norway, Denmark, as well as some non–Arctic nations, including China and India—are eyeing on the Arctic Economic Prize: “oil and gas” underneath the Arctic seabed. It is estimated that the Arctic Ocean contains 13 percent of undiscovered oil and 30 percent of undiscovered gas. These nations are also working to open up the Arctic sea route for moving all that crude around. It’s a great irony that the rapid melting of the summer sea ice is making the Arctic Ocean accessible for extraction and shipping.

Whiteman, Hope, and Wadhams point out that this frenzy for short–term profit is ignoring the long–term huge “economic impacts of a warming Arctic.” By using modeling they tried to understand the global economic impact of methane release from the East Siberian Arctic Shelf.

Referring to the Shakhova–Semiletov study, Whiteman, Hope, and Wadhams write: “A 50–gigatonne (Gt) reservoir of methane, stored in the form of hydrates, exists on the East Siberian Arctic Shelf. It is likely to be emitted as the seabed warms, either steadily over 50 years or suddenly.” They use “a decade–long pulse of 50 Gt of methane, released into the atmosphere between 2015 and 2025” as input to the PAGE09 economic model. They took into account “sea–level changes, economic and non–economic sectors and discontinuities such as the melting of the Greenland and West Antarctic ice sheets.” They ran the model 10,000 times under two emissions scenarios: low–emissions and business–as–usual emissions. The result is a shocker: a $60 trillion price tag for the global economy.

That’s just the beginning, because there is much more methane in the Arctic than what is in the East Siberian Arctic Shelf. Furthermore, Whiteman, Hope, and Wadhams write, “The full impacts of a warming Arctic, including, for example, ocean acidification and altered ocean and atmospheric circulation, will be much greater than our cost estimate for methane release alone.”

“The economic consequences will be distributed around the globe, but the modeling shows that about 80 percent of them will occur in the poorer economies of Africa, Asia and South America,” Whiteman, Hope, and Wadhams write. The $60 trillion number is astounding, beyond the comprehension of most human minds. It has the capacity to cripple the economy of many small nations, that are already stressed from global economic crises. This is what I’d call—economic dystopia. …