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Ecuador Congress Approves Yasuni Basin Oil Drilling in Amazon
2013-10-09 18:24:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Ecuador's parliament on Thursday authorized drilling of the nation's largest oil fields in part of the Amazon rainforest after the failure of President Rafael Correa's plan to have rich nations pay to avoid its exploitation. The socialist leader launched the initiative in 2007 to protect the Yasuni jungle area, which boasts some of the planet's most diverse wildlife, but scrapped it after attracting only a small fraction of the $3.6 billion sought. The government-dominated National Assembly authorized...
Tags: amazon
oil
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Category:Electronics and Electrical