Hydrocarbon frenzy in Greece
Iconic and ecologically sensitive marine and coastal areas are at serious risk by the ongoing oil and gas exploitation frenzy currently pushed by the Greek Government.
Last week, Environment and Energy Minister Giorgos Stathakis submitted to Parliament for approval three bills ratifying contracts for hydrocarbon research and extraction in the offshore block 2 of the Ionian Sea, and the onshore blocks of Aetoloarkanania, Arta-Preveza and NW Peloponnese.
In 2014, the Parliament ratified another round of contracts for hydrocarbon exploration and drilling in the onshore block of Ioannina, (Epirus region), and the offshore blocks of Patraikos, and Katakolo.
Since the wake of the economic crisis, cash strapped Greece has promoted oil and gas as the spearhead of its economic recovery strategy, claiming that significant revenues can be gained and dependency on hydrocarbon imports will be reduced. In addition to the impact of burning fossil fuels as the main cause of climate change, oil drilling causes severe impacts on the areas of concern and undermines the potential of local economies for sustainable development.