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Spain imports nearly 80 percent of its energy and the central government argues it can no longer afford the luxury of holding back business or wasting natural resources. Prime Minister Mariano Rajoy has said his government would not allow oil exploration off the Balearic Islands if it presented the slightist environmental risk. Rivero has accused the central government of showing preferential treatment to the Balearic Islands, a region run by the ruling Popular Party and which is also the target of an oil exploration project. The archipelago is proud of its green credentials.Įl Hierro, the smallest of the seven islands that make up the archipelago, claims to be the first 100 percent renewable island in the world thanks to wind a large wind farm. "The government is protecting a private company, Repsol, to attack resources that are ours," said the head of the nationalist regional government of the Canary Islands, Paulino Rivero.įearing a loss to the tourism industry, his government called a referendum to ask residents if the archipelago should change its environmental and tourism policies for the sake of oil and gas exploration, but the national government blocked that in the courts. They fear Repsol's prospecting will harm local flora and fauna such as dolphins and disrupt the tourism industry that is vital to the area's economy.
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The company estimates its chances of finding oil in the region are of 17-19 percent and plans to invest 350 million euros ($438 million) in the oil exploration.īut locals and green groups oppose the oil exploration.