Mike Pompeo claims rapidly melting Arctic sea ice could create ‘new opportunities for trade’


Secretary of State Mike Pompeo on Monday asserted that melting sea ice — which scientists believe to cause a conceivably cataclysmic environmental change in future — is set to open up new “open doors for trade” by shortening the length of ocean voyages from Asia toward the West by as much as three weeks.

Talking at a gathering of the Arctic Council in Rovaniemi, Finland on Monday, Pompeo depicted the Arctic as the “bleeding edge of chance and bounty.”

“Relentless decreases in sea ice are creating opportunities and new open doors for trade” he proceeded. “This could conceivably cut down the time it takes to go among Asia and the West by as much as 20 days,” he said.

“Arctic sea lanes could turn into the 21st century Suez and Panama Canals,” Pompeo said.

“It houses 13% of the world’s undiscovered oil, 30% of its undiscovered gas, a wealth of uranium, uncommon earth minerals, gold, jewels, and a great many square miles of undiscovered assets, fisheries in abundance.”

Pompeo’s upbeat remarks on the economic opportunities offered by melting sea ice come as federal government agencies report that the amount of sea ice in the Arctic region is rapidly shrinking.

Do we really have to start searching for a business opportunity in the face of climatic change disaster and ignore the calamities and immense ecological destruction it is bound to bring along with it? That’s something to ponder over and make our own minds about.


Please enter your comment!
Please enter your name here