Explain Why Oil Exploration in the Areas Shown Could Lead to High Economic and Environmental Costs. (10)

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Explain why oil exploration in the areas shown could lead to high economic and environmental costs. (10) The environmental effects of oil exploitation in these areas can vary depending upon the type, position and severity, however most pose the threat of being potentially severe. The explorations are taking place in deep water areas such as the Gulf of Mexico, the North Sea or the Arctic. Just one of the many potential risks and dangers of deep sea drilling is highlighted by the horizon oil rig spill of oil extracted from the sea floor. A spill in any of the deep sea areas would reduce the biodiversity of that area through reductions of bird populations, fish-stocks and populations of marine mammals. All of which are already under severe threat of over fishing and habitat disturbance without this imposed threat. Furthermore the contamination of coastal and coral ecosystems will all lead to to damage on the livelihoods of fishermen and people involved the local tourism. The 2010 Deepwater Horizon oil spill in the Gulf of Mexico has been described as the worst environmental disaster in the United States, releasing about 4.9 million barrels of crude oil making it the largest accidental marine oil spill. Most of the impact of this was experienced by the marine species. Eight U.S. national parks were threatened and more than 400 species that live in the Gulf islands were at risk, including the endangered Kemp's Ridley turtle. The clean up of this travesty cost the government and companies billions to clear. As a result of the spill deep sea drilling in the Gulf was suspended until new safety measures had been put in place, costing governments and companies further millions, whilst the price of oil continued to rise. A spill in other deep sea areas such as the Arctic could accelerate damage in a very sensitive environment, which is already dangerously close to its

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