Rising global temperatures over the past few decades have caused a significant reduction in arctic sea ice, so much so that as soon as the next decade, the Arctic may well be ice free during the summer.
Though there is much alarm being raised about that, there is also interest in opening up the Arctic sea routes to commercial traffic via initiatives such as the Polar Silk Road.
But, how much seaborne traffic is it likely to contribute by 2050?
Will resolve as "Yes" if by 2050 more than 20% of all transoceanic freight is routed through the Arctic. Else it will resolve "No".
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@mods I see this is from a deleted account. I'll take it over if anyone has suggestions on a resolution source.
@ScottSupak We don't have a formal process for inheriting control of a market yet. If/when you feel that you have evidence that would support a YES resolution, please post it here in the comments and ping mods again. We'll evaluate at that time and resolve as appropriate.
Let me know if you have any questions!
Great market. What's the resolution source?
@nakamoto You have to have an escort too, but less sea ice means less danger, and the reward is that you cut Amsterdam to Tokyo in half (ironically, this would lower emissions from shipping, which is about 8% of all emissions, iirc)