The EU to ban oil exploitation in the Arctic

14.10.2021. / 8:40

BRUSSELS – The European Union will demand a ban on the exploitation of new oil, coal and gas deposits in the Arctic in order to protect the area that is seriously endangered by climate change, according to the proposal of the new EU strategy on the Arctic, published yesterday.

FOTO: Pixabay

The EU is committed to keeping oil, coal and gas in the country, including in the Arctic regions“It is stated in the proposal of the European Commission, which also acknowledges that the bloc itself continues to import oil and gas that is extracted in that region,” Reuters reports.

To this end, the Commission will work with partners in accordance with a multilateral legal obligation to prevent the further exploitation of hydrocarbon reserves in the Arctic or neighboring regions, nor the purchase of such hydrocarbons if they are produced.“, It is added in the proposal.

The Arctic is one of the areas hardest hit by climate change. It is warming three times faster than the planet as a whole, resulting in melting ice covering the land and sea, rising sea levels and melting permafrost. Tanjug


Source: Capital.ba – Informacija je capital by www.capital.ba.

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