Ecuador approves oil drilling in Amazon rainforest

[wtmusic]

Yasuni National Park

"Ecuador has abandoned a pioneering conservation plan in the Amazon that attempted to raise funds from the international community instead of drilling for oil in a pristine corner of the Yasuni national park.

The collapse of the Yasuni ITT initiative is a devastating blow for activists who are trying to save one of the world's most biodiverse regions from development and pollution. It also kills climate campaigners' hopes that the Ecuador plan could provide a model for other nations to resist the lure of oil money and leave fossil fuels under the ground.

President Rafael Correa blamed the failure on the lack of foreign support, after a trust fund set up to manage the initiative received only $13m (£8.3m) in deposits, a tiny fraction of the $3.6bn goal."

http://www.theguardian.com/world/2013/aug/16/ecuador-approves-yasuni-amazon-oil-drilling

[Politicalboi]

1. This shit IS insane, and governments

Across the globe should have to subsidize so they can keep this area clean from oil or fracking. WTF is it going to take to see the damage we do EVERYWHERE WE go. So happy I have no children to have to explain man's greed for lack of clean air and water.

[wtmusic]

2. After what Chevron did to Ecuador this defies comprehension.

Really, Correa? Is it worth selling out your most valuable asset for short-term monetary gain?

http://chevrontoxico.com/

[newfie11]

5. Agreed

Correa has lost my support.

[Mojorabbit]

3. This breaks my heart. nt

[joshcryer]

4. Good old populist Rafael Correa.

And people ask why I'm a fucking cynic.

[quadrature]

6. reminds me of an old magazine ad ...

that was usually on the back cover.

'if you don't subscribe,
we'll shoot this puppy'.

this idea was extortion