Oil drilling: not a solution

Home
What we do
Climate change
Stop Deep Sea Oil

The problem

Our hundred year reliance on oil is at a turning point. The BP Deepwater Horizon oil spill in the Gulf of Mexico put the spotlight on the far reaching consequences that our addiction to oil is having on the natural world and on the climate.

Today, oil is being used to power most of our vehicles, making us all dependent on it in some way - to get our food, to see our loved ones or to go on holiday. There are millions of cars, buses, trucks, ships and planes moving around our cities, our country, oceans and skies, connecting people and moving stuff around the world. But all of these vehicles need millions of gallons of oil to keep them going every day. And that’s taking a toll on the air we breathe, on our energy security, our economy, the environment and our climate.

But the giant oil fields that the industry hoped would last forever are starting to run dry. Faced with increasing restraints on access to the easy oil, companies are pushing in to areas previously considered too inaccessible, expensive or too risky to exploit. And this means going to greater and greater extremes to squeeze the last drops of oil from the earth - scraping the barrel in the tar sands of Canada, potentially violating the fragile ecosystems of the Arctic and now the pristine coastlines of New Zealand

zoom

This map shows current and proposed areas of oil exploration, drilling, and coal mining, and the climate-changing potential of those coal deposits. *The size of the oil deposits – and so the amount of potential CO2 emissions - within the new permit areas and block offers is not yet known.

If these places are exploited, and the oil burnt, we will be on track for a six degree rise in global average temperatures. Two degrees is generally accepted by scientists and governments as the tipping point of dangerous climate change. Scientists say a rise of six degrees in average global temperatures would have cataclysmic and irreversible consequences for the planet and threaten our very survival. This is the path we are on right now. But if we transform our transport and energy systems this doesn’t have to be the pathway we follow.

At the moment, millions of dollars of our money is going into subsidising risky oil, and keeping us stuck in the oil age. Our governments are propping up the oil companies with tax breaks and subsidies, and they’re allowing oil companies to exploit our natural world. In the long run, our addiction to oil will cost us far more.

If we do nothing, climate change will cost us around 20% of total gross domestic product (GDP) over the next half century. That's more than the cost of both world wars and the great depression put together. But if we act now to mitigate it, the cost would only be about one per cent of total economic growth. That's the same amount of money we spend on global advertising. Surely our survival is more important than billboards and TV adverts.