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Tag: drilling
Ecuador Drops Plan to Ban Drilling in Jungle
2013-08-16 23:53:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: Six years ago, President Rafael Correa of Ecuador offered the world what he considered an enticing deal: donate $3.6 billion to a trust fund intended to protect nearly 4,000 square miles of the Amazon jungle and his country would refrain from oil drilling in the rain forest. The plan won applause from environmentalists, and international luminaries like Bo Derek and Leonardo DiCaprio opened their wallets. The plan was backed by the United Nations, but governments generally balked at contributing,...
Ecuador to Lift Protection of Yasuni Park, Allow for Oil Drilling
2013-08-16 20:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Nature World: Environmental activists are protesting the government of Ecuador's decision to allow for oil exploration in a previously protected portion of the Yasuni National Park. The nearly 4,000 square mile park in the Amazon rainforest has been a site of oil exploration since the 1970s, but a portion of the park's core has since been untouched. Criticism of the move to explore for oil in the previously protected area is not unfounded -- Yasuni National Park is perhaps the most biologically diverse area...
Tags: park
protection
oil
ecuador
Ecuador Allows Oil Drilling in Yasuni National Park
2013-08-16 18:49:00| Climate Ark Climate Change & Global Warming Newsfeed
Environment News Service: Ecuador`s President Rafael Correa has approved oil drilling in Yasuni National Park, signaling the collapse of an innovative trust fund that would have conserved this biodiversity treasure trove. President Rafael Correa announces that Ecuador will abandon the Yasuni-ITT initiative, August 15, 2013 (Framegrab from video courtesy Office of the President) In a nationwide address on radio and television Thursday night, President Correa explained that the Yasuni-ITT Initiative, introduced six years...
Tags: national
park
oil
ecuador
Ecuador Abandons Moratorium on Oil Drilling in Biodiverse Yasuni Park
2013-08-16 18:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Yale Environment 360: The Ecuadorian government has abandoned its moratorium on oil drilling in Yasuni National Park as a proposal to protect the park with the help of international donations fell apart. In a nationally televised speech, President Rafael Correa blamed the failure of the ambitious conservation plan on a lack of funds, saying that a UN-administered trust fund had raised only $13 million of the $3.6 billion target. I have signed the executive decree for the liquidation of the Yasuni-ITT trust fund and with...
Tags: park
oil
ecuador
drilling
United Kingdom: Fracking protesters gather for six-day camp as Balcombe drilling suspended
2013-08-16 12:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Press Association: Anti-fracking protesters have welcomed the suspension of an exploratory oil-drilling operation in West Sussex, as the first of hundreds of extra activists started to arrive. Up to 1,000 more campaigners are set to descend on the outskirts of Balcombe, for the six-day Reclaim the Power camp. It has been organised in opposition to hydraulic fracturing, or fracking, which some fear the energy firm Cuadrilla will go on to conduct after it has completed its exploratory drilling. Campaigners were...
Tags: united
kingdom
united kingdom
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