Amazon

The battle over Ecuador’s oil takes a new twist

The battle over Ecuador’s oil takes a new twist

by David Hill – After the collapse of a groundbreaking attempt to protect the Yasuni National Park, Chinese companies could be ready to drill for oil. The announcement by Ecuador’s president, Rafael Correa, that he has abandoned a ground-breaking scheme stopping oil operations in the Amazon has led to a wave of protests across the […]

Leaving the Oil in the Ground: Yasuni’s initiative

Leaving the Oil in the Ground: Yasuni’s initiative

The government of Ecuador has presented a novel proposal to not exploit the oil reserves of the Yasuní National Park. The economic benefits of exporting crude oil are limited compared to the social, economic, and environmental costs of extracting oil from the Amazon, with its enormous ecological and cultural diversity. The report Leaving the Oil […]