YES NO TO THE OIL EXTRACTION IN IONIAN SEA & WIDER GREECE

 

We owe it to our country and our children to stop oil extraction. Are you with us?

WHAT HAPPENS

The myth of oil

60,000 square kilometers of sea in the Ionian and Crete and 17,000 square kilometers of land in Epirus, Western Sterea Hellas and Western Peloponnese have already been lent to foreign and Greek oil companies for exploration and extraction of oil and natural gas. This number is expected to increase in the future, as oil industry and political rulers promise us a legend of economic prosperity.

But reality is completely different. Not only are uncertain overtaking profits, but the real cost of oil is systematically underestimated. According to a WWF study, the consequences of a major accident in key sectors for the national economy, such as tourism and fisheries, will be devastating.

Cost per capita in the event of a major accident.
 Source: “The Real Cost of Oil”, eftec on behalf of WWF

THE COST OF THE PETROLEUM

Tourism, fishing and the local communities will be the big losers from the hydrocarbon mines in Greece.

A serious oil pollution incident would have caused devastating effects for decades in the tourism industry (damage of € 5 billion) and fishing activity in the Ionian, Western Greece and Crete, costing the national economy up to € 7.74 billion with nominal conditions (€ 5.3 billion in present value), according to EFTEC’s “Actual Costs of Petroleum” report on behalf of WWF.

It is worth noting that apart from the impact on tourism and fisheries, in the absence of available data, the study does not take into account the cost of damage to other ecosystem services directly affected by a pollution incident, such as natural products and the mental and psychological benefits associated with sea ​​activities.

The main points of the exhibition:
  • 45,000 JOBS WILL BE LOST

    Almost 45,000 jobs directly and indirectly linked to tourism would be lost by a serious leakage / pollution incident in Crete and nearly 25,000 jobs from a similar incident in the Ionian Sea.

  • THE COST WILL REACH 5.3 BILLION

    The cost of multiple leakage incidents in the country will reach up to 5.3 billion euros, or around 4% of current national GDP.

  • FISHERMEN ARE THREATENED

    The fishing industry could lose up to 17% of its income due to the reduction in catches and defamation of the products.

The accident can happen at any time
 © REUTERS-Alkis-Konstantinidis

In the shipwreck of Agia Zoni II tanker in Saronic, we experienced what oil pollution means in the sea. What will happen if there is an oil spill, not a few hundreds but thousands of tons, not next to the business center of the country but hundreds of miles away, not in the sea of ​​the Saronic Gulf but thousands of meters deep in the open sea of ​​the Ionian and Crete?

 © Jorge SIERRA / WWF

Experience from similar international incidents is unfortunately very negative. The cost in the case of the Prestige oil spill was € 1.1 billion while the total damage from the Exxon Valdez oil spill was $ 2.7 billion.

“My head is going to break. Our fishing stock is no longer viable. Our health is no longer viable. Our land is no longer viable. I just want this to end “

KINDRA ARNESEN, LUISIAN’S RESIDENT, 5 YEARS AFTER EXPERIENCE IN DEEPWATER HORIZON

THE FUTURE

The end of oil has begun

Cosmogenic changes caused by technological and scientific developments bring us one step before the end of the oil age. According to the World Bank, every million dollars invested in solar and wind power creates 13.5 full-time jobs in the US, compared with just 5.2 full-time jobs, which creates the same amount of investment in hydrocarbon mines. The International Labor Organization (ILO) report concludes that, worldwide, jobs created in the RES sectors are more than those lost in mining and exploitation of fossil fuels.

A global movement, from Canada and the US to France, Spain and Portugal, has already won battles against the oil industry. Given the urgent need for Greece to significantly reduce unemployment, investing in areas with a larger footprint in the labor market, such as RES, would provide far greater profits for the national economy. It is a national interest for Greece, to fight for living seas, for a stable climate, for a fossil-free energy model. Which side of history will Greece stand for?

For more information check out https://support.wwf.gr/campaigns/no-oil/ (most information has English option)

Also see our previous post here and sign the petition if you see them in bars or cafes 

Leave a Reply

Your email address will not be published.

error: Content is protected !!