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0 0 0.0128042328042329 -0.001058201058201 -0.00116402116402116 0.00465608465608463 0.00518518518518528 0.00518518518518528
Stock impact report

Approval of Willow oil project intensifies rift among Indigenous Alaskans [Los Angeles Times (CA)]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
a rift among Indigenous Alaskans, with some saying that oil money can't counter the damage caused by climate change and others defending the project as economically vital. Two lawsuits filed almost immediately by environmentalists and one Native group are likely to exacerbate tensions that have built up over years of debate about ConocoPhillips Alaska's Willow project. Many communities on Alaska's North Slope celebrated the project's approval, citing new jobs and the influx of money that will help support schools, other public services and infrastructure investments in their isolated villages. Just a few decades ago, many villages had no running water, said Doreen Leavitt, director of natural resources for the Inupiat Community of the Arctic Slope. Housing shortages continues to be a problem, with multiple generations often living together in one home, she said. “We still have a long ways to go. We don't want to go backwards,” Leavitt said. She said 50 years of oil production Show less Read more
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