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An Initial Estimate of the Costs of Lost Climate Regulation Services due to Changes in the Arctic Cryosphere

Eban Goostein, Bard Center for Environmental Policy, Bard College; Eugenie Euskirchen, Institute of Arctic Biology, University of Alaska, Fairbanks; Henry Huntington, Pew Environment Group. February 5, 2010

Many people are familiar with the recent graphic images of shrinking ice on the Arctic Ocean, and may be aware of projections that the Arctic could be ice-free in the summer by the year 2030. However, there is little recognition of the significant loss in economic value that the disappearance of Arctic sea ice, snow, glaciers and permafrost could impose on humans.