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To the alarm of environmental groups, oil giant Shell announced on Thursday it was making plans to be able to resume the hunt for oil in Arctic waters in 2014.
On a call with reporters, chief financial officer Simon Henry said, "Our focus would be very much on the Chukchi [Sea], which is by far the biggest prize; that is the multi-billion barrel prize," he said.
"Clearly, we would like to drill as soon as possible, so we are putting the building blocks in place. There remains a permitting and regulatory process through which we need to go, before we can confirm a decision to actually drill in 2014," said Henry.
In February, Shell announced it was suspending its 2013 Arctic drilling program following a mishap-laden year in which its "ships have caught fire, run aground, lost control and become the subject of criminal investigation," proving, according to Greenpeace International's Arctic oil campaign Ben Ayliff, that "it is completely unfit to drill in the remote Arctic, a place of unrivaled beauty where any spill would be an environmental disaster."
Echoing Ayliff's warning, Miyoko Sakashita, Oceans Director at the Center for Biological Diversity, warned that "drilling in the Arctic is just asking for disaster, and it should be put off limits."
"In the remote frozen Arctic, it's impossible to clean up and oil spill and the risks of an accident are so much greater in the harsh weather and ice," Sakashita said in a statement to Common Dreams. "We already saw the danger with Shell's folly last year when its drill ship cut loose and ran aground. The Arctic is a home to endangered polar bears and whales, and a drill rig in their icy home is a nail in the coffin.
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Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
To the alarm of environmental groups, oil giant Shell announced on Thursday it was making plans to be able to resume the hunt for oil in Arctic waters in 2014.
On a call with reporters, chief financial officer Simon Henry said, "Our focus would be very much on the Chukchi [Sea], which is by far the biggest prize; that is the multi-billion barrel prize," he said.
"Clearly, we would like to drill as soon as possible, so we are putting the building blocks in place. There remains a permitting and regulatory process through which we need to go, before we can confirm a decision to actually drill in 2014," said Henry.
In February, Shell announced it was suspending its 2013 Arctic drilling program following a mishap-laden year in which its "ships have caught fire, run aground, lost control and become the subject of criminal investigation," proving, according to Greenpeace International's Arctic oil campaign Ben Ayliff, that "it is completely unfit to drill in the remote Arctic, a place of unrivaled beauty where any spill would be an environmental disaster."
Echoing Ayliff's warning, Miyoko Sakashita, Oceans Director at the Center for Biological Diversity, warned that "drilling in the Arctic is just asking for disaster, and it should be put off limits."
"In the remote frozen Arctic, it's impossible to clean up and oil spill and the risks of an accident are so much greater in the harsh weather and ice," Sakashita said in a statement to Common Dreams. "We already saw the danger with Shell's folly last year when its drill ship cut loose and ran aground. The Arctic is a home to endangered polar bears and whales, and a drill rig in their icy home is a nail in the coffin.
___________________
To the alarm of environmental groups, oil giant Shell announced on Thursday it was making plans to be able to resume the hunt for oil in Arctic waters in 2014.
On a call with reporters, chief financial officer Simon Henry said, "Our focus would be very much on the Chukchi [Sea], which is by far the biggest prize; that is the multi-billion barrel prize," he said.
"Clearly, we would like to drill as soon as possible, so we are putting the building blocks in place. There remains a permitting and regulatory process through which we need to go, before we can confirm a decision to actually drill in 2014," said Henry.
In February, Shell announced it was suspending its 2013 Arctic drilling program following a mishap-laden year in which its "ships have caught fire, run aground, lost control and become the subject of criminal investigation," proving, according to Greenpeace International's Arctic oil campaign Ben Ayliff, that "it is completely unfit to drill in the remote Arctic, a place of unrivaled beauty where any spill would be an environmental disaster."
Echoing Ayliff's warning, Miyoko Sakashita, Oceans Director at the Center for Biological Diversity, warned that "drilling in the Arctic is just asking for disaster, and it should be put off limits."
"In the remote frozen Arctic, it's impossible to clean up and oil spill and the risks of an accident are so much greater in the harsh weather and ice," Sakashita said in a statement to Common Dreams. "We already saw the danger with Shell's folly last year when its drill ship cut loose and ran aground. The Arctic is a home to endangered polar bears and whales, and a drill rig in their icy home is a nail in the coffin.
___________________