February, 03 2011, 03:03pm EDT
Shell Halts Plans to Drill in Heart of Polar Bear's Alaska Habitat
Interior Needs to Make Short-term Reprieve Permanent, Safeguard Arctic
ANCHORAGE, Alaska
Polar bears
and other imperiled Arctic species got a reprieve today with Royal
Dutch Shell's announcement that it will not go forward with plans this
summer to drill in critical habitat for the polar bear in Alaska.
Shell's drilling plans off the coast of the Arctic National Wildlife
Refuge have long been opposed by conservationists and native
communities along the Alaska coast.
"The polar bear and other wildlife of Alaska's Arctic,
as well as the local communities that depend upon a healthy ocean, were
granted a well-deserved reprieve today," said Brendan Cummings, senior
counsel at the Center for Biological Diversity. "Now, the Department
of the Interior needs to turn that short-term reprieve into permanent
protection of America's Arctic."
Today's announcement marks the third time that Shell's
plans to drill in the Beaufort Sea have been put on hold in recent
years. Drilling in 2007 and subsequent years was stopped by a federal
court, which overturned the Interior Department's approval of Shell's
exploration plan due to poor environmental review. Plans to drill in
2010 were suspended by Interior following the Deepwater Horizon
disaster in the Gulf of Mexico. Shell's 2011 plan were put in doubt by
an Environmental Protection Agency appeals-board decision overturning a
necessary air permit, as well as the recent designation of polar bear
critical habitat in the drilling area.
Oil development in the Arctic remains a dangerous
proposition because no technologies exist to clean up oil spills in icy
waters.
"Rather than revisiting the decision year
after year on whether Shell and others can drill in the Arctic, the
Department of the Interior needs to acknowledge the reality that it is
impossible to clean up an oil spill in the Arctic, and simply pull this
region off the table permanently for oil development," said Cummings.
Shell also has plans to drill in the adjacent Chukchi
Sea next year. The Chukchi is also critical habitat for polar bears, as
well as home to the Pacific walrus. Interior is scheduled to announce in the coming days whether walrus should also be listed under the Endangered Species Act.
At the Center for Biological Diversity, we believe that the welfare of human beings is deeply linked to nature — to the existence in our world of a vast diversity of wild animals and plants. Because diversity has intrinsic value, and because its loss impoverishes society, we work to secure a future for all species, great and small, hovering on the brink of extinction. We do so through science, law and creative media, with a focus on protecting the lands, waters and climate that species need to survive.
(520) 623-5252LATEST NEWS
'We Disagree': US Dismisses Landmark Amnesty Report Accusing Israel of Genocide
"We have said previously and continue to find that the allegations of genocide are unfounded," said a State Department spokesperson.
Dec 05, 2024
A U.S. State Department spokesperson told reporters on Thursday that the United States disagrees with Amnesty International's new report accusing Israel of carrying out genocide in the Gaza Strip.
"We disagree with the conclusions of such a report," spokesperson Vedant Patel said a day after the human rights group released the document. "We have said previously and continue to find that the allegations of genocide are unfounded."
The Israeli government has vehemently rejected the findings in the report.
"The deplorable and fanatical organization Amnesty International has once again produced a fabricated report that is entirely false and based on lies. The genocidal massacre on October 7, 2023, was carried out by the Hamas terrorist organization against Israeli citizens. Since then, Israeli citizens have been subjected to daily attacks from seven different fronts. Israel is defending itself against these attacks acting fully in accordance with international law," wrote the Israel Foreign Ministry in a post on X.
Amnesty Israel also does not accept the findings of Amnesty International's report, according to The Times of Israel.
In a statement, the Israeli branch of the organization—which reportedly did not take part in the funding, research, or writing of the report—said that "the scale of the killing and destruction carried out by Israel in Gaza has reached horrific proportions and must be stopped immediately," per The Times of Israel. However, the groups does not believe the events "meet the definition of genocide as strictly laid out in the Convention on the Prevention and Punishment of the Crime of Genocide."
In the 296-page report released Wednesday—titled, "You Feel Like You Are Subhuman": Israel's Genocide Against Palestinians in Gaza—Amnesty International found through its research and legal analysis "sufficient basis to conclude that Israel committed, during the nine-month period under review, prohibited acts under Articles II (a), (b), and (c) of the Genocide Convention, namely killing, causing serious bodily or mental harm, and deliberately inflicting on Palestinians in Gaza conditions of life calculated to bring about their physical destruction in whole or in part."
In order for a conflict to be considered genocide under international law, there must be both evidence of specific criminal acts—such as killing members of a given group—as well as "intent to destroy, in whole or in part, a national, ethnical, racial or religious group, as such."
In its report, Amnesty International concluded that "these acts were committed with the specific intent to destroy Palestinians in Gaza."
Intent also came up during the State Department press conference Thursday when journalist Said Arikat of the Palestinian paper Al-Quds asked Patel a follow-up question about the report.
"I know that genocide depends a great deal on intent... And [the report] bases its conclusions on the statements, time and time and time again, by Israeli commanders, by Israeli officials," he said. "What is it going to take for you, for the United States of America... to say what is happening is genocide?"
Patel responded, "That's an opinion, and you're certainly welcome and you are entitled to it, as are all the organizations."
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The company isn't alone. As TechCrunchreported: "Microsoft is hoping to restart a reactor at Three Mile Island by 2028. Google is betting that SMR technology can help it deliver on its AI and sustainability goals, signing a deal with startup Kairos Power for 500 megawatts of electricity. Amazon has thrown its weight behind SMR startup X-Energy, investing in the company and inking two development agreements for around 300 megawatts of generating capacity."
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Liquefied natural gas developers have expansion plans that could release 10 additional metric gigatons of climate pollution by 2030, and major banks and investors are enabling them to the tune of nearly $500 billion.
A new report published by Reclaim Finance on Thursday calculates that, between 2021 and 2023, 400 banks put $213 billion toward LNG expansion and 400 investors funded the buildout with $252 billion as of May 2024.
"Oil and gas companies are betting their future on LNG projects, but every single one of their planned projects puts the future of the Paris agreement in danger," Reclaim Finance campaigner Justine Duclos-Gonda said in a statement. "Banks and investors claim to be supporting oil and gas companies in the transition, but instead they are investing billions of dollars in future climate bombs."
"While banks will secure their profits, it's at the expense of frontline communities who often will not be able to get their livelihoods, health, or loved ones back."
The International Energy Agency has concluded since 2022 that no new LNG export developments are required to meet energy demand while limiting global temperatures to 1.5°C above preindustrial levels. Despite this, LNG developers have upped export capacity by 7% and import capacity by 19% in the last two years alone, according to Reclaim Finance. By the end of the decade, they are planning an additional 156 terminals: 93 for imports and 63 for exports.
Those 63 export terminals, if built, could alone release 10 metric gigatons of greenhouse gas emissions—nearly as much as all currently operating coal plants release in a year. What's more, building more LNG infrastructure undermines the green transition.
"Each new LNG project is a stumbling block to the Paris agreement and will lock in long-term dependence on fossil fuels, hampering the shift toward low-carbon economies," the report authors explained.
Many large banks have pledged to reach net-zero emissions, yet they are still financing the LNG boom. U.S. banks are especially responsible, Reclaim Finance found, funding nearly a quarter of the buildout, followed by Japanese banks at around 14%.
The top 10 banks funding LNG expansion are:
- Mitsubishi UFG Financial Group (Japan)
- JP Morgan Chase (U.S.)
- Mizuho (Japan)
- Gazprombank (Russia)
- SMBC Group (Japan)
- Bank of America (U.S.)
- Citigroup (U.S.)
- Goldman Sachs (U.S.)
- Morgan Stanley (U.S.)
- RBC (Canada)
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"Banks still financing LNG export terminals and companies are focused on short-term profits and cashing in on the situation before global LNG oversupply kicks in. On the demand side, financing LNG import terminals delays the much-needed just transition," said Rieke Butijn, a climate campaigner and researcher at BankTrack. "While banks will secure their profits, it's at the expense of frontline communities who often will not be able to get their livelihoods, health, or loved ones back. People from the U.S. Gulf South to Mozambique and the Philippines are rising up against LNG, and banks need to listen."
The report also looked at major investors in the LNG boom. Here too, the U.S. led the way, contributing 71% of the total backing.
The top 10 LNG investors are:
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- Vanguard
- State Street
- Fidelity Investments
- Capital Group
- GPFG
- JP Morgan Chase
- Brookfield Asset Management
- Blackstone
- MSBI
Just three of these entities—BlackRock, Vanguard, and State Street—contributed 24% of all investments.
Reclaim Finance noted that it is not too late to defuse the LNG carbon bomb.
"Nearly three-quarters of future LNG export and import capacity has yet to be constructed," the report authors wrote. "This means that banks and investors can still act to put an end to the unrestrained support they offer to the companies responsible for LNG expansion."
To this end, Reclaim Finance recommended that banks establish policies to end all financial services to new or expanding LNG facilities and to end corporate financing to companies that develop new LNG export infrastructure. Investors, meanwhile, should set an expectation that any developers in their portfolios stop expansion plans and should not make new investments in companies that continue to develop LNG export facilities. Both banks and investors should make clear to LNG import developers that they must have a plan to transition away from fossil fuels consistent with the 1.5°C goal.
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