Is Shell’s Arctic Withdrawal a Victory for Greenpeace?

business_ethics_highlights_2Greenpeace is claiming victory, as Shell abandons a controversial drilling operation off Alaska. The reasons contributing to the decision are, apparently, many: disappointing quantities of oil and gas found, pressure from shareholders, and pressure from environmentalists. How much of a role GreenPeace itself played in triggering the decision is unclear, but the group is certainly ready to take the credit. >>>

LINK: Shell abandons Alaska Arctic drilling (by Terry Macalister for The Guardian)

…Reacting to the news, Greenpeace UK executive director John Sauven said:

“Big oil has sustained an unmitigated defeat. They had a budget of billions, we had a movement of millions. For three years we faced them down, and the people won.

“The Save the Arctic movement has exacted a huge reputational price from Shell for its Arctic drilling programme…..

What do you think?

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