Posted on 06/21/2011 10:31:48 AM PDT by jazusamo
DUBLIN — Environmentalists are scuttling to courts to stop a modern-day gold rush at the top of the world, as the United States and four other countries scramble to stake claims to potentially vast oil riches under the frozen waters of the Arctic Sea.
Environmental activists such as Greenpeace are opposed to any resource extraction in the region.
“Greenpeace has been protesting on all Arctic ice drillings since 2000,” said Truls Gulowsen, program director of Greenpeace Nordic. “We believe it’s high time to put some bars on the industry’s push into the area. It’s too vulnerable, and there is no way to clean an oil spill out of ice.”
The U.S. Geological Survey (USGS) estimates that the Arctic region contains 90 billion barrels of oil, representing about 13 percent of the undiscovered petroleum in the world. The region could yield about $8.3 trillion in oil revenue at today’s prices.
Some oil experts say the oil fields off the Arctic coasts of the United States, Canada, Norway, Russia and Greenland, which is part of Denmark, could be more than double the USGS estimate.
Extracting the Arctic’s petroleum requires drilling operations unlike those in the Gulf of Mexico, where nearly 5 million barrels of oil spilled during three months in 2010 after an explosion on BP’s Deepwater Horizon rig. It was the biggest oil spill in the history of the industry, and its long-term environmental damage is still being assessed.
“We’re in a global situation where we’ve found more oil and coal than we can afford to burn from a climate point of view, so unconventional sources [of oil] need to be the first to stay in the ground. At the same time, the Arctic is supervulnerable,” Greenpeace’s Mr. Gulowsen said.
Greenpeace recently lost a legal battle with the Scottish oil-exportation company...
(Excerpt) Read more at washingtontimes.com ...
Seems closer. Maybe they should live without any petroleum derrived materials in their lives--and walk, row, or sail to where they're going.
Some of their seed money came from the KGB during the Cold War, who was hoping they could throw a monkey wrench into Western industry.
They've been leftist (Marxist) all along, they just quit soft-peddling it.
“Greenpeace has been protesting on all Arctic ice drillings since 2000,” said Truls Gulowsen, program director of Greenpeace Nordic. “
Putin: "Mr Truls Gulowsen meet the Russian Spetsnaz."
Truls: "Hello, nice to mee..."
Spetsnaz: 'Bam, bam, bam, bam, bam'
Putin: "Thank you men, now back to Chechnya. Have fun."
Greenpeace better think twice. Putin ain't a tree-hugger like Obama, or those euro-weenie push-overs
Though Obama is a better communist than Putin.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.