Here, a link from a more credible source.
Currently ranked as a 1/10 on a scale of 0-10. 1 = "A routine discovery in which a pass near the Earth is predicted that poses no unusual level of danger. Current calculations show the chance of collision is extremely unlikely with no cause for public attention or public concern. New telescopic observations very likely will lead to re-assignment to Level 0."
Once you reach Level 8, someone's going to be eating asteroid.
It is math, but there's plenty of factors effecting the asteroid's trajectory that will vary unknown amounts between now and 2040. So they run simulations thousands of times and change those variables. The amount of impact events to non-impact events is the calculated odds we are given.
Solar winds would be one example of a variable that we can't forecast the impact of over the given time frame.
Yup. And the other big unknown: The orbit itself. Lots of observations are needed to figure out an orbit with good accuracy.
For example, the orbits of Mars and Earth are known pretty darn well, but the landing ellipses for rovers going to Mars are about 1x5
dozen miles. Though I'm sure they could
get a more precise landing, at the expense of more telemetry hardware, a more sophisticated guidance system, and more fuel.
Almost happened in 1972:
http://www.youtube.com/watch?feature=player_embedded&v=7M8LQ7_hWtE
This one was estimated around 300FT, and it got within 35 miles of the Earth's surface before bouncing off the atmosphere back into space. If it hit, it could have taken out a small city.
That's the sort of thing that's called a "wakeup call," or so you'd think.
If someone walks into the room and shoots a bullet at you, passing within 1/16" of your head, you're probably not just going to say "Hello" and continue with what you were doing. Some sort of corrective or preventative action will likely follow.
Tunguska incinerated a substantial amount of land, the 70's thing was insanely close and could have caused a lot of damage - and yet the threat of asteroids is still just a minor issue, only really applicable to bad sci-fi movies.