The Mudcat Café TM
Thread #79354   Message #1472379
Posted By: Dave (the ancient mariner)
27-Apr-05 - 11:02 AM
Thread Name: BS: What the Latest ANWR Vote Means
Subject: RE: BS: What the Latest ANWR Vote Means
There is a much lower risk of environmental damage from developing this resource than drilling offshore. ie: Georges Bank and Continental shelf areas. Having said that, the oil industry has been forced to take great care in preventing its offshore developments causing extensive environmental damage. Legislation, and monitoring by environmental groups has forced this rather than any corporate will, but it has proven effective. I am sure the environmental concerns for this area will force heavy penalties, fines and legislation to control the industry standards of exploration and production. Modern science and wildlife experts can mitigate the way this development encroaches on their habitat.

LarryK has hit the nail on the head when he talks about capitalism working well to control technology and consumption. Most companies and government agencies are looking at conserving oil use and using alternate sources of energy because of security and consumer demands to do so. With better education, the next generation of consumer will, because of social conscience demand we protect our environment and reduce reliance on fossil fuels even more. Industry must cater supply to demand. People will buy into the new technology, but in the end, we will still need this oil before we have sufficient affordable alternate technology to replace conventional transport. For these reasons I support the development of this oilfield.

Yours, Aye. Dave