Friday, June 27, 2008

Environmentalists Will Allow Offshore Drilling for a Price

This kind of "green" doesn't grow on trees!

Get this: a California environmental group formed in the wake of the disastrous 1969 Santa Barbara oil spill to fight offshore oil drilling approves of a new plan for 22 new oil wells offshore.

What brought about this change? A little "green" motivation is all it took.

The group: Get Oil Out, or GOO, joined The Environmental Defense Center and other local groups in supporting a plan by the Plains Exploration & Production Company (PXP) to tap as much as 200 million barrels of oil and 50 billion cubic feet of natural gas in what is called the Tranquillon Ridge off the California coast at Santa Barbara, site of the 1969 disaster.

In return, PXP will turn over 200 oceanfront acres and 3700 interior acres for parklands and pay millions for low emission buses for mass transit.

The cost of this exchange will be paid for by oil and gas consumers. Think of it as just taxation without the middleman.

Interestingly, the same Environmental Defense Center which approves of oil drilling offshore from Santa Barbara, opposes President Bush's call for offshore drilling elsewhere. Perhaps if President Bush were to help grease the skids, the EDC would get on board.

What this proves is that when you are an environmentalist, there is more than one way to "go green!"

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