Environment Forum

German ships navigate Northeast Passage – but is it a good thing?

September 9, 2009

Two German ships have successfully navigated their way through the fabled Northeast Passage on the first commercial journey by a western shipping company on the Northern Sea Route along Russia’s Arctic-facing northern shore — a new cost-cutting passageway from Asia to Europe made possible by climate change.  

Climate change opens Arctic’s Northeast passage

August 22, 2009

Two German ships set off on Friday on the first commercial journey from Asia to western Europe via the Arctic through the fabled Northeast Passage – a trip made possible by climate change. Niels Stolberg, president and CEO of Bremen-based Beluga Shipping, said the Northern Sea Route will cut thousands of nautical miles off the ships’ journey from South Korea to the Netherlands, reducing fuel consumption and emissions of greenhouse gas. I had the chance to ask Stolberg a few questions about the Arctic expedition:

What’s nature worth? Financial crunch may bring rethink

October 21, 2008

Acehnese plant mangrove trees at the site of a former housing development which was destroyed by last December’s tsunami in Meuraksa near Banda Aceh April 11, 2005. The local government and Acehnese started planting thousands of mangroves in the area after the tsunami devastated the city. REUTERS/Tarmizy Harva en/KSWould you pay $1,000 a year for a remote patch of mangrove swamp?

Maybe not — but more and more environmental economists are arguing that you should.