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Shell To Avoid Oil Drilling At Sites Listed By Unesco
Best Web Hosting One of the largest oil companies in the world, Royal Dutch/Shell, has promised to avoid exploring or drilling on sites that carry the United Nation's World Heritage designation. It is the first energy company to make such a promise.
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>Top Web Hosting Shell's decision comes a week after the International Council on Mining and Metals, a group of the world's 15 largest mining companies, said it would stop exploring or mining on World Heritage sites.
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Web Hosting Companies Taken together, the commitments are a "big step forward," said Dr. Mechtild Rossler, director of European heritage for Unesco, the United Nations agency that controls the program. "We would have liked to see a more global picture with the gas and oil industry, but Shell is a good starting point."
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Web Site Design And Hosting More than 170 countries take part in the World Heritage program, which was founded in 1972 to identify, protect and preserve cultural or natural areas that provide "outstanding value to humanity." The United States was the first country to sign on to the program.
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Email Web Hosting A site is nominated by a local government, and the application is reviewed by Unesco, which can take as long as five years. If the site is approved, the 170 countries pledge to help protect it.
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Web Hosting Plans The oil and mining pledges are part of larger movement by corporations to designate some areas as "no go" zones, environmentalists said. Shell and the mining companies have "decided there is more shareholder value to their reputation than the resources" they could tap in World Heritage sites, said Rob Lake, director of corporate governance at Henderson's Global Investors in London, which manages $152 billion in assets.
Web And Email Hosting Shell's promise is unlikely to have any effect on the company's current business because most World Heritage sites are not oil-rich. But the decision could have some practical effect. The Wadden Sea, an area with abundant natural gas off the coast of the Netherlands, is on the World Heritage's tentative site list, along with the Arctic National Wildlife Refuge in Alaska. President Bush's energy plan includes opening the Alaskan range to drilling.
Web Hosting Compare Shell did have plans to explore for oil and gas in the Sundarbans region of Bangladesh, a World Heritage site since 1997 that houses the world's largest mangrove forest. It abandoned the idea in 2001 after pressure from environmentalists.
Dedicated Server Web Hosting Sir Philip Watts, the Shell chairman, announced the plans in a speech at the headquarters of the World Conservation Union in Geneva on Thursday.
Web Hosting Reviews Some environmentalists said that they welcomed Shell's promise but that it did not go far enough. "It's such a small step, it is hard to rejoice," said Michael Brune, executive director of the Rainforest Action Network, an environmental group in San Francisco. "I suppose you could call it a conceptual breakthrough for an oil company to say it won't drill in the Grand Canyon or on the Galpagos Islands, but any school kid can tell you they shouldn't."
Web Domain Names Mining, drilling and logging on World Heritage sites are not unheard of, and often cause bitter battles between international conservationists and local governments, which say the activities are dictated by economics. In 1998, the mining company Energy Resources of Australia started digging for uranium in Kakadu Park, a wetland in the Northern Territories that had been a World Heritage site since 1981. Loggers and environmentalists also have clashed over the use of a World Heritage-designated rain forest in Honduras.
Web Site Builder In other instances, World Heritage sites have suffered when local governments do not have the resources to protect them.
Web Server Hosting Analysts say it is easier for Shell to rule out drilling in World Heritage sites than it is for its peers. "Shell has a much more diverse resource base" than the competition, with reserves it can tap around the world, said Doug Leggate, a Citigroup oil analyst.
Web Hosting Account By Heather Timmons
New York Times - 8/31/2003
Topic: Petroleum Industry
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