29 Sep '11, 10am

Blog: Cairn pumped more hazardous chems into the #Arctic sea this year than the oil ops of Norway and Denmark combined

Blog: Cairn pumped more hazardous chems into the #Arctic sea this year than the oil ops of Norway and Denmark combined

Yesterday brought the news that yet another Cairn well off Greenland - the sixth so far - has come up dry . The Delta-1 well will be plugged and abandoned and Cairn now has to pin its hopes for this year's drilling season on two remaining wells. Cairn's share prices tumbled, again; the company is now worth 37 per cent less than it was six months ago. Not only is it losing value fast, Cairn is also spending millions - around US$600m - in its failing quest to find oil off Greenland. Unfortunately, money isn't the only thing Cairn is flushing away. The company has also pumped more than 225 tons of hazardous chemicals into the ocean around Greenland this year - that's more red-listed chemicals than the entire oil operations of Norway and Denmark combined. These chemicals are described by the OSPAR convention as giving "reason for suspicion because of several polluting effects ...

Full article: http://www.greenpeace.org.uk/blog/climate/no-oil-arctic-c...

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