With Final Stamp of Approval, White House Places Fate of Arctic in Shell's Hands

Placing the “fate of the Arctic” in the care of Big Oil, the Obama administration on Monday granted Shell the final permit to drill deep into the waters off the Alaskan coast.

The permit, issued by the Bureau of Safety and Environmental Enforcement (BSEE), comes days after President Barack Obama announced an upcoming Alaska visit to highlight what he said was “one of the greatest challenges we face this century: climate change.”

Shell applied for the permit after the icebreaker, the MSV Fennica, was held up due to damage. The vessel carries the “capping stack,” which the BSEE requires to be easily deployed ahead of drilling in potential oil-bearing zones “in the unlikely event of a loss of well control.”