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Good News for the Arctic

Extract from article by Ted Danson and Andrew Sharpless published by Huffington Post.com 26 Feb 2014

Screen Shot 2013-11-01 at 09.31.18On January 30, Shell’s new CEO, Ben van Beurden, announced that the company will not pursue exploration drilling in the Arctic Ocean in 2014. He also revealed Shell’s poor fourth-quarter earnings, attributable in part to offshore exploration expenditures, like those previously made in the Arctic.  We applaud the court’s ruling and Shell’s newfound, if forced, caution. Alaska has already seen more than its fair share of oil disasters, and drilling in the Arctic will inevitably bring another spill.

FULL ARTICLE

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