Showing posts with label Yasuni National Park. Show all posts
Showing posts with label Yasuni National Park. Show all posts

21 February 2010

ECUADOR: Oil Exploitation Versus Biodiversity.

LATIMES/     President Rafael Correa recently announced a new plan to preserve the Yasuni reserves but allow for oil exploitation, disappointing environmentalists. He appointed a minister to seek donations from Arab and Asian countries for the 2.4-million-acre Yasuni National Park, one of the world's most biodiverse nature reserves. The money is to save Yasuni's rain forest from the sins of oil development that have ruined some parts of Ecuador, especially Lago Agrio.

27 October 2009

ECUADOR: Correa Proposes Europe Pay $3 Billion NOT To Drill In Amazon.

AP Via MIAMI HERALD/
President Rafael Correa is in London still promoting his idea that Ecuador receive $3 billion NOT to allow oil drilling in a pristine Amazon reserve, the Yasuni National Park. Germany and Spain are reportedly interested.
"This is the first time the government of a major oil-producing country has voluntarily offered to forego lucrative oil extraction in order to help combat climate change," said Dr. Matt Finer, staff scientist for Save America's Forests and author of a study on Correa's initiative.