Greenland will no longer allow exploration for new oil fields in their territorial waters and newly exposed land. Climate change obviously impacts the country greatly with their ice fields melting at increasing rates. They’ve been experiencing the effects of burning too much oil first hand and refuse to participate it in to protect future generations. This change in policy shows that Greenland is serious on climate change as they’re giving up potential billions of dollars to protect the planet.
“The future does not lie in oil. The future belongs to renewable energy, and in that respect we have much more to gain,” the Greenland government said in a statement. The government said it “wants to take co-responsibility for combating the global climate crisis.”
The government’s decision to stop oil exploration was welcomed by environmental group Greenpeace, which called the decision “fantastic.”
“And my understanding is that the licences that are left have very limited potential,” Mads Flarup Christensen, Greenpeace Nordic’s general secretary, told weekly Danish tech-magazine Ingenioeren.