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Europe Seeks Ban on Arctic Energy Projects

  • EU to work with countries outside the bloc on a moratorium
  • Make-or-break decade in climate fight: EU environment head
Tatneft PJSC Petrochemical Operations in Tatarstan
Photographer: Andrey Rudakov/Bloomberg
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The European Union is seeking an international ban on all new oil, gas and coal projects in the Arctic as part of its efforts to tackle climate change.

The European Commission pledged to work with non-EU countries toward a legal obligation not to develop hydrocarbon reserves or purchase output from the region, according to a strategy published Wednesday. The move comes just days before crucial United Nations talks that some see as the last opportunity to control catastrophic global warming.