Thread by @PokeStonks_

$EEENF Cocono Phillips' Willow prospect is currently halted & being sued by environmentalists due to "irreparable harm" that it can cause to the landscape and Polar-Bear/Marine-Mammal populations in the area from its development, citing violations to the Endangered Species Act.

$EEENF Environmentalists note declining population of Polar Bears (+ other Marine Mammals) in the Southern Beaufort Sea region. Declining sea ice endangers critical habitats & Polar Bears are being forced inland to den. Not a single Polar Bear can be killed per the MMPA.

$EEENF "We do not anticipate" DOES NOT EQUAL "Cannot Happen". Endangerment of Polar Bears (& Others) will remain a threat in the "Action Area" (Area of development where threat exists to critical habitats). Future development will go on, but alternative locations may be sought.

$EEENF While COP is expediting summary judgement of the lawsuit, they are halted until December 1st, 2021. This is interesting because if an injunction is passed, Willow may be abandoned. State of Alaska doesn't want this but if passed, COP will need to look elsewhere for oil.

$EEENF If injunction occurs and $COP is forced to abandon WIllow, look how close 88E acreage borders COP. COP initially planned to spend billions on new projects, Merlin & Harrier would be ATTRACTIVE PROPECTS, in areas where wildlife endangerment is less likely. Think about it🙃

All I'm saying is, the potential catalyst for COP or other big players in the region to look at alternative sites is always a nice thing to be aware of.