The Balearic government today expressed its satisfaction that the oil and gas prospecting rights issued by the former national government under Jose Luis Zapatero (PSOE - socialists) to the British company Cairn Energy have been suspended. Cairn Energy were due to have prospected in the Gulf of Valencia, which would have meant that prospecting would have taken place in Balearic water, provoking widespread opposition across the islands.
Environment
Government praises suspension of prospecting permission
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The environment is vital. So is power to keep us alive. If there is oil or gas under the sea that is recoverable some level of compromise must be reached. We cannot say "No" to everything and yet still expect the light to come on when we depress the switch.