No run today – tree planting instead.
A piece of good news from Edinburgh – the Scottish Government has given the Edinburgh Centre on Climate Change £1.6 million to create over 80 new jobs at the Centre. The value of the ECCC will be judged by its results, but this is an encouraging step forward.
And some bad news. Cairn Energy, an Edinburgh based oil company, have been taking expensive and punitive legal action to block efforts by Greenpeace to force them to reveal their oil spill disaster plan, as they carry out deep sea drilling in the Arctic only 12 months after one of the world’s worst oil spill disasters at the Deepwater Horizon rig brought all such disaster plans into serious doubt. Instead, Cairn have declared reassuringly that "Wherever it is active, it seeks to operate in a safe and prudent manner”.
Oh right...... that’s fine then............we can all stop worrying about a Klondike-like oil rush putting grotesque profiteering before environmental responsibility, as "one of Europe's largest independent oil and gas exploration and production companies" (sic) exercises its inalienable right to risk destroying another sector of the planet in order to feed our climate-wrecking oil addiction, whilst making shed-loads of money in the process .
The following passage is taken from the website of People & Planet via the excellent Unsuitablog :
RBS (Royal Bank of Scotland)* arranged the finance allowing the Scottish oil company Cairn Energy to forge ahead with oil exploration in pristine parts of Greenland’s Arctic. In March 2009, following the Treasury’s bail out of the bank with public money, RBS acted as joint arranger with Merrill Lynch, placing shares worth £116 million for “accelerated drilling” in Greenland by Cairn Energy.
Determined to tap into potential oil reserves within this untouched region, Cairn Energy are keen to lead the rush into Arctic drilling, describing Greenland as ‘a true frontier country’. It has already gained licences covering 72,000 square kilometres off Greenland’s west coast, an area half the size of England. Cairn Energy have suggested that these are just the beginning and that it hopes to expand further. The US Geological Survey has estimated that over 16 billion barrels of oil and gas could lie off Greenland’s coast.
Safety and prudence are clearly foremost in the minds of both Cairn and RBS !
*Yes, that's the same RBS known for its obscene bonus payments and other dirty investments (ref)
RBS (Royal Bank of Scotland)* arranged the finance allowing the Scottish oil company Cairn Energy to forge ahead with oil exploration in pristine parts of Greenland’s Arctic. In March 2009, following the Treasury’s bail out of the bank with public money, RBS acted as joint arranger with Merrill Lynch, placing shares worth £116 million for “accelerated drilling” in Greenland by Cairn Energy.
Determined to tap into potential oil reserves within this untouched region, Cairn Energy are keen to lead the rush into Arctic drilling, describing Greenland as ‘a true frontier country’. It has already gained licences covering 72,000 square kilometres off Greenland’s west coast, an area half the size of England. Cairn Energy have suggested that these are just the beginning and that it hopes to expand further. The US Geological Survey has estimated that over 16 billion barrels of oil and gas could lie off Greenland’s coast.
Safety and prudence are clearly foremost in the minds of both Cairn and RBS !
*Yes, that's the same RBS known for its obscene bonus payments and other dirty investments (ref)
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