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Why Ecuador's president is misleading the world on Yasuni-ITT

2013-10-15 13:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The decision by Ecuador's president Rafael Correa to abandon a plan to permanently forgo exploiting hundreds of millions of barrels of oil in return for at least US$3.6bn in compensation the "Yasuni-ITT Initiative" has sparked severe non-state media criticism in Ecuador, calls for a referendum, protests in numerous cities and embassies around the world, and an international outcry. Here are just four ways in which Correa's attempt to explain his decision are misleading: 1. In the TV speech...

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