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Ecuador's development dilemma: Will oil win out?

2014-02-22 05:35:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: Standing before the United Nations General Assembly in 2007, Ecuadorean President Rafael Correa offered the international community a way to make a significant impact on climate change: Donate $3.6 billion to the economy of Ecuador by 2019, and the country would refrain from drilling for oil in its Yasuní National Park, one of the most biologically diverse tracts of Amazon rainforest. The initiative would prevent the total release of about 400 million tons of carbon dioxide into the atmosphere ...

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