Greenland suspends oil exploration because of climate change

(AP Photo/John McConnico, FILE)

The government of Greenland has suspended all oil exploration off the world’s largest island, calling it is “a natural step” because it “takes the climate crisis seriously”.

No oil has been found yet around Greenland, but officials there had seen potentially vast reserves as a way to help Greenlanders realise their long-held dream of independence from Denmark by cutting the annual subsidy of 3.4 billion kroner (£390 million) the territory receives.