Archive for February 15, 2013

Why an oil spill in Arctic waters would be devastating

beaufortAs sea ice disappears and open water seasons last longer, the High North – that vast area above the Arctic circle – has become the oil industry’s new frontier, offering potentially billions of barrels of oil from deep offshore wells in return for the huge technical, safety and financial risks.

But conservationists increasingly argue it is only a matter of time before a catastrophic spill devastates some of the least polluted waters in the world.

So far, the industry has mostly worked onshore or in shallow, easily accessible waters off Alaska. The worst spill was the Exxon Valdez tanker, which sank in 1989, with the effects still felt today. Read more