Energy companies give the Arctic the cold shoulder
To Donald Trump, Alaska is a promising source of oil wealth and energy security. To energy companies, it is a risk not worth taking
TO THE GWICH’IN people, the coastal plain of the Arctic National Wildlife Refuge in Alaska is “the sacred place where life begins”. To environmental campaigners, it is a rare habitat that must remain protected, home to caribou, polar bears and migratory birds from six continents. To President Donald Trump, it is a promising source of oil wealth and American energy security. To energy companies, it is a risk not worth taking.
This article appeared in the Business section of the print edition under the headline “Thanks, but no thanks”
Business January 9th 2021
- Deutschland AG continues to pour billions into China
- NYSE boots out Chinese telecoms firms—then it doesn’t, then does
- The Fiat Chrysler-PSA mega-merger may give rise to a carmaking star
- Corporate nuptials are back on
- Energy companies give the Arctic the cold shoulder
- What happens when firms have to stump up for good causes
- The science of networking
- A tech CEO’s guide to taxes
From the January 9th 2021 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
Could seaweed replace plastic packaging?
Companies are experimenting with new ways to reduce plastic waste
Has Sequoia Capital outgrown its business model?
Venture capital’s hardiest perennial gets back to its roots
On stupid rules and quick wins
Why every boss can benefit from asking employees what most infuriates them
TikTok wants Western consumers to shop like the Chinese
It still has some convincing to do
Will the trouble ever end for Volkswagen and its rivals?
From strikes to Trump tariffs, calamities abound
After Northvolt’s failure, who will make Europe’s EV batteries?
The continent looks ever more reliant on Asian producers