According to Inside EPA, lobbyists for oil companies are taking a back seat in pushing for opening the Alaska National Wildlife Refuge largely as a result of doubts that it's economically worth it.
"Despite record-high oil prices, the major energy companies widely viewed as the biggest winners if drilling in the Arctic National Wildlife Refuge (ANWR) is approved are taking a back seat in lobbying Congress to open the area to exploration because of questions about how much fuel is economically recoverable there, according to industry and congressional sources."(Read the rest)
(via Environmental Economics Blog)
During the summer of 2005 the Treasure America Project went to the village
of Kaktovik, Alaska to analyze the economic consequences of oil industry dependence
and opportunities to promote increased local entrepreneurship.
Invitation
for Citizens of Kaktovik.
Seminar Flyer [PDF].
Trip report
[DOC].
Website for local guides.
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