From http://www.cnbc.com/id/100912062:

The rapidly melting Arctic is an “economic time bomb” likely to cost the world at least $60 trillion, say researchers who have started to calculate the financial consequences of one of the world’s fastest changing climates.

I’m on record with my position on Climate Change which is, essentially, that there is no policy fix for this. But I couldn’t help but notice the fear mongering in this article reminding me of the demands of a certain Doctor…