Wednesday, July 28, 2021

Tag: Atlantic ocean

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Atlantic strategy promoting a sustainable blue economy

The blue economy of the EU Atlantic area is one of the largest in Europe as it amounts to €65 billion gross value and employs more than 1.2 million people. The European Commission reports that the Atlantic stakeholders are reviewing how they can help decarbonize the economy, reduce marine pollution and further promote a sustainable blue economy, looking at the new decade approaching with a new Commission and new funding instruments.

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US drilling proposal could include Atlantic

US could open up portions of the Atlantic to oil and gas drilling is spite of opposition from East Coast states, a US Interior Department official said during remarks at a recent energy industry conference. This comes at a time when the US is preparing to announce a five-year drilling plan proposal that could expand available acreage, and enhance US oil, gas and coal production.

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