🇨🇦 Mark Carney · 4 sources
Canada has not made a decision about lifting Arctic drilling ban, Carney says
What happened
Canadian Prime Minister Mark Carney said his government has not made a decision about lifting the decade-long moratorium on offshore oil and gas exploration in the Arctic. The government has provided funding to support the governance and oversight of offshore oil and gas activities in the Arctic Ocean, but Carney stated this is not a decision about lifting the moratorium. This decision is under review, with the policy set to expire in 2028.
Why it matters
The Arctic drilling ban has been in place since 2016 to protect the region's fragile marine ecosystem. The ban's lifting could have significant economic and environmental implications for the region and Canada as a whole. The decision is also subject to existing agreements with Inuit and territorial self-government.
Key facts
- The Canadian government has not made a decision about lifting the Arctic drilling ban.
- The moratorium has been in place since 2016.
- The policy is set to expire in 2028.
- The government has provided C$11 million in funding for governance and oversight of offshore oil and gas activities in the Arctic Ocean.
Official statement
“support the governance and oversight of offshore oil and gas activities in the Arctic Ocean.”
🇨🇦 Mark Carney · Full statement & source
Topics
Publisher evidence used
Reporting attributed to wabx.net. WorldLeadersNews links readers to the publisher and does not present a headline-only item as a full article analysis.
Also reported by
- wiky.comSource
- thehindu.comSource
- peakoil.comSource
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