Outcry Over Obama, Trudeau Arctic Drilling Decision
arctic rig
By MarEx 2016-12-20 17:16:26
The Obama Administration has announced that it will ban offshore energy development throughout much of the U.S. Arctic. Under the authority of a provision in a 1953 law, the decision designates 115 million acres of the U.S. Arctic, including the entire Chukchi Sea, off limits to oil and gas activity.
Canada also decided against Arctic drilling on Tuesday. In a joint statement released by the White House, Canada announced the measure will be reviewed every five years "through a climate and marine science-based life-cycle assessment."
"Today, President Obama and Prime Minister Trudeau are proud to launch actions ensuring a strong, sustainable and viable Arctic economy and ecosystem, with low-impact shipping, science based management of marine resources and free from the future risks of offshore oil and gas activity," the statement read.
http://www.maritime-executive.com/article/outcry-over-obama-trudeau-arctic-drilling-decision
