In reaction to Shell's decision to abandon plans to drill for oil off Alaska this year, Ben Ayliffe, Senior Arctic Campaigner at Greenpeace International, said:
"Shell has invested seven years of effort and spent the best part of $5bn on its Arctic programme, but we can now see what a monumentally reckless gamble this was. The company has nothing to show for it except a series of almost farcical safety mishaps that has left its reputation in tatters. Investors must now be asking whether investing such vast sums of money trying to exploit the fragile Arctic is really worth it.
"As Arctic sea ice disappears at unheralded levels, it’s clear that we need to act urgently to tackle climate change. Shell’s setback in the far north should be the spur to positive action that the planet needs.
"Nearly 2 million people from around the world have joined the Greenpeace campaign to Save the Arctic and keep it off limits to oil companies. Today’s news is vindication for the effort they have put in confronting the oil giant in places as far apart as New Zealand and Edinburgh, but these millions will not stop until the whole of the pristine and unique Arctic is protected."