Panama Canal expansion: alleviating global climate change |
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Authors: | Robert F. Mulligan Gary A. Lombardo |
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Affiliation: | (1) Department of Accountancy, Finance, and Economics, Western Carolina University, Cullowhee, NC 28723, USA;(2) Center for Maritime Studies, United States Merchant Marine Academy, 300 Steamboat Road, Kings Point, NY 11024, USA |
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Abstract: | This paper quantifies likely changes in greenhouse gas emissions which contribute to anthropogenic climate change, resulting from the expansion of the Panama Canal and the consequent increase in ship-borne commercial transportation from east Asia to the US east coast. Ocean transportation offers higher fuel economy and lower pollutant emissions compared with land transport. Additionally, truck and train transportation of cargo along the US land bridge threatens to overwhelm existing highway and rail systems and limit economic growth. The alternate transportation route for easterly transit of the Panama Canal will reduce overland traffic congestion and enhance economic development by maintaining freight flow efficiency. |
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