Wadge Bank Faces Threat from Proposed Oil Exploration
The Government of India's plan to offer three oil and gas blocks for exploration and development under the Hydrocarbon Exploration and Licensing Policy (HELP) poses a significant threat to Wadge Bank, a 10,000 square kilometre sea area south of Kanyakumari, known for its biodiversity and as India's richest fishery resource.
Key Points
- Ideal Environment for Marine Life: Wadge Bank's low intensity of currents, waves, and tides create an ideal environment for the accumulation of nutrients and fish food, crucial for marine life.
- Appeal for Withdrawal of Bids: An activist appealed to the Ministry of Petroleum and Natural Gas to withdraw the bids, emphasizing the need for diligence, assessments, and public consultations to safeguard the Wadge Bank ecosystem.
- Potential Impact on Fishing Community: The activist warned that oil exploration could lead to the destruction of the Wadge Bank's marine resources, pushing the local fishing community into poverty.
- Industrial activity and pollution resulting from oil exploration could have unpredictable consequences on the ocean ecosystem.
https://www.chronicleindia.in/current-affairs/10480-wadge-bank-faces-threat-from-proposed-oil-exploration
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