Thirty Greenpeace activists are currently being detained in Russian
on charges of piracy, which carries a prison sentence of up to 15 years.
In any dispute there are always two sides. On one side you
have the safety and security of employee’s working on oil platforms and then
you have the rights for environmental campaigners to express their concern about
protecting planet Earth.
The irony of this situation is with the burning of fossil
fuels mankind has contributed to climate change resulting in melting icecaps
and creating an opportunity to access the natural resources of one of the few remaining
untouched regions of our planet; The Arctic.
I guess the burning questions we have to ask ourselves are,
how do we feel about using hydrocarbons drilled from the arctic?
Shell and Gazprom have agreed to the exploration and
development of hydrocarbons in the Arctic. The Russian state is the majority
shareholder in Gazprom, which owns the entire infrastructure and sole means to
supply gas to domestic and export markets.
How does any of this relate to the Golf Industry? Shell are sponsors
of the PGA tour event called The Houston Shell Open. Plus let us not forget
that polyester apparel, which is worn by the vast majority of golfers, is a 'plastic' product derived from hydrocarbons.
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I would because the Arctic is already supplying 10% of the world’s oil and 25% of its gas, altogether some 8 million barrels of oil equivalent per day, of which the majority is produced in the Russian Arctic onshore.
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