Three oil companies have canceled their leases in Alaska’s Arctic National Wildlife Refuge.
Drilling in the refuge has long been a controversial issue, as the 19.5-million-acre wilderness area is home to 45 species of mammals including polar bears, bowhead whales and caribou and considered sacred by the Indigenous Gwich’in people, according to the Gwich’in Steering Committee.
“These exits clearly demonstrate that international companies recognize what we have known all along: drilling in the Arctic Refuge is not worth the economic risk and liability that results from development on sacred lands without the consent of Indigenous Peoples,” the Gwich’in Steering Committee said in a statement.
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