Madrid and Repsol have pushed through deepwater drilling and fracking licences to recover a hoped-for 2.2bn barrels of oil despite massive local opposition
In most places the news that youve struck oil would be cause to crack open the champagne. But not in the Canary Islands where Spains biggest oil company Repsol is due to begin drilling off Lanzarote and Fuerteventura.
Our wealth is in our climate, our sky, our sea and the archipelagos extraordinary biodiversity and landscape, the Canary Islands president, Paulino Rivero, said. Its value is that its natural and this is what attracts tourism. Oil is incompatible with tourism and a sustainable economy.
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