Some good news for a change. Yesterday the Clinton Global Initiative highlighted the Ecuadorian proposal about “Leaving Ecuador’s Oil in the Ground” which seeks to avoid carbon emissions and save the Yasuni Rainforest.
The “Yasuni Proposal” as it is known was selected from among close to a thousand other proposals, and was highlighted in the Energy […]

Good article in the Christian Science Monitor about the Inuit struggling to get their voice heard in the new Arctic oil rush.
As the article says: Five nations are now racing to claim new territory in the central Arctic Ocean, where climate change is expected to open up valuable new shipping routes, oil fields, and mineral […]

Ecuador’s government is planning an additional investment of $180 million into the state-owned oil company Petroleos del Ecuador, or Petroecuador, to halt declining production levels, the Economy Minister Fausto Ortiz has said.
Without this investment, Petroecuador’s oil production will likely fall to 50 million barrels this year, down from the expected 60 million forecasted by the […]

Under pressure to preserve the environment while at the same time ease the poverty of his people, Ecuadorean President Rafael Correa has come up with an unusual and novel solution.
President Rafael Correa has startled Wall Street with talk of not paying Ecuador’s $10.3 billion foreign debt. He wants wealthy nations to pay Ecuador $350 million […]

Daryl Hannah, the actress turned environmentalist, is adding her voice to the campaign demanding redress for the inhabitants of Ecuador’s Amazon region, which has been blighted by 30 years of oil exploration by Texaco.
The 46-year-old star of Splash and Kill Bill was hoping to meet Ecuador’s President, Rafael Correa, yesterday.On Monday, she toured the region, […]