Shell Oil president reports progress in Arctic offshore drilling off Alaska’s
The Arctic ecosystem is already weakened because the ice is melting, yet Shell is willing to risk an oil spill there that they wouldn’t be able to clean up.
Alaska’s fiscal crisis seemed unimaginable only a few years ago when oil fields in the North Slope brought in revenue that allowed the state to forego sales and income taxes while issuing yearly checks to every resident and banking billions for rainy days. “Now we’re coming out of that and it looks like we’re moving into a time period of good weather”.
However, Obama will speak on Monday in Alaska about the necessity to take urgent and aggressive action against climate change, during a three-day trip to raise awareness on the effects of global warming. The Arctic ecosystem is already weakened because the ice is melting, yet Shell is willing to risk an oil spill there that they wouldn’t be able to clean up.
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