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Context
Offshore Drilling
Detailed Article on Deep Sea Mining: https://www.iasgyan.in/daily-current-affairs/deep-sea-mining-31#:~:text=What%20is%20Deep%2Dsea%20mining,energy%2C%20electronics%2C%20and%20biotechnology.
Offshore Drilling Pros
Increased Oil Production
More Jobs
Self Supporting
Lower Oil Prices
Offshore Drilling Cons
Associated with numerous potential environmental hazards.
Expensive Facilities
Creates A Pollution Hazard
Creates Health Issues
May reduce jobs in other industries
Oil Spills
High Carbon Emissions
High-Risk Job
Food Chain Problems
Does not resolve the question of international dependency.
Sustainable Alternatives to Unfettered Offshore Drilling
Support Ocean Planning
Renewable Energy Sources
Biofuels
Energy-Saving and Efficiency Initiatives
MUST READ ARTICLES:
OFFSHORE AREAS MINERALS (DEVELOPMENT and REGULATION) AMENDMENT BILL 2023: https://www.iasgyan.in/daily-current-affairs/offshore-areas-minerals-development-and-regulation-amendment-bill-2023
SHALLOW WATER MINING: https://www.iasgyan.in/daily-current-affairs/shallow-water-mining
PRACTICE QUESTION Q. What do you understand by the concept of “Offshore Drilling”? How does offshore drilling affect the environment? Suggest sustainable alternatives to unfettered Offshore Drilling. |
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