Mongabay: The fate of the most biodiverse rainforest on Earth has been decided: it will be drilled for oil.
On Thursday Ecuadorian President Rafael Correa said he has abandoned a plan that would have prohibited oil extraction from Yasuni National Park in Eastern Ecuador in exchange for payments to leave the crude in the ground. Correa had sought $3.6 billion in contributions - equivalent to roughly half the value of the 846 million barrels of oil estimated to lie under the rainforest reserve - but managed...