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Ecuador begins drilling for oil in pristine corner of Amazon

2016-09-08 00:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Ecuador began drilling for oil on Wednesday near an Amazon nature reserve known as Yasuni, a site that President Rafael Correa had previously sought to protect from development and pollution under a pioneering conservation plan. Correa in 2007 asked wealthy countries to donate $3.6 billion to offset revenue lost by not drilling in the Yasuni National Park. But the initiative was scrapped in 2013 after it brought in less than 4 percent of the amount requested. Correa's government blamed the...

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