Shell Backs Away From Arctic Offshore Drilling Plans

National Journal: “Oil giant Royal Dutch Shell said Thursday that it’s scrapping controversial plans to drill off Alaska’s coast this year after a court ruling threw the legal status of its leases into question.”

“The court ruling is the latest setback for Shell’s years-long, multibillion-dollar campaign to explore what are believed to be giant oil deposits in the Beaufort and Chukchi seas off Alaska’s coast.”

“Environmental groups oppose drilling in the Arctic region that’s home to polar bears, bowhead whales, and other endangered or fragile species, arguing that it’s too difficult to contain potential spills.”

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