SHARE IBT | SET EDITION

US Edition | Sunday, November 22, 2009 3:37 AM ET

Politics & Policy > The Americas

Ecuador tries novel balance of oil and environment

Comments 0
Rating Unrated (0)

EMAIL
PRINT
RSS
SHARE
TEXT SIZE: A A A

By Alonso Soto
23 July 2007 @ 12:55 am ET

Next Politics & Policy Article

An aerial view of the River Napo located at the Yasuni Park is seen in this file photo taken on May 15, 2007. 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 solution. Correa wants wealthy nations to pay Ecuador $350 million a year in exchange for leaving an estimated 1 billion barrels of oil under the ground in the pristine Yasuni rai...

1 of 2

Full Size

But supporters of Correa's idea say the best way to limit the migration to the park is to ensure there are no oilfield jobs to draw them there.

"Oh God, what I wouldn't do to halt oil development," said Alonso Jaramillo, chief of eight rangers that watch over the park, roughly the size of Vermont. "I shake every time I hear about new oil development in my park."

View article on single page

« PREV PAGE

Next Article: States to help subprime owners refinance: WSJ

Click!

Rate this article:

EMAIL
PRINT
RSS
SHARE
TEXT SIZE: A A A

Comments

Post Your Comment

More News

NBC sign on the General Electric building in New York

GE-Vivendi talks over NBC Universal stalled: report

The Barnes & Noble nook, a Wireless eBook Reader, is seen during a news conference in New York

Barnes & Noble says Nook sold out before holidays

iPhone to attract 10 pct of 3G users by 2012, Unicom says

Popular

Rated

- iPhone to attract 10 pct of 3G users by 2012, Unicom says
  Apple's wireless carrier in China on Friday expressed its high expectations for ...

The World's Largest House
Security Tool Virus Removal
AUD/USD - Weekly technical Outlook
Verizon HTC Droid Eris VS Motorola Droid: Which is better?
Sterling Energy to launch open offer before year-end
Google Chrome OS out now

RSS

See Complete List >>

- WATCH Janet Jackson full interview on ABC
  Janet Jackson opened about her feelings in a one-hour-long interview for the first time since her brother the "King of Pop" Michael Jackson died ...

Geithner, under fire, defends AIG bailout
Shaniya Davis autopsy results: Asphyxiation
Big shareholders ask Goldman to cut bonuses: report
Why people won't use Google Chrome OS
Potential users find early faults with Google Chrome OS
Asphyxiation: cause of death of Shaniya Davis

RSS

See Complete List >>

More Politics & Policy

Russia's Medvedev raps ruling party over elections

President Dmitry Medvedev scolded leaders of Russia's ruling party on Saturday for "bad political habits" and ordered them to win future elections fairly...

Iran to hold war games to protect atom plants

Iran will begin large-scale air defense war games on Sunday to help protect its nuclear facilities against any attack, a senior commander said.

China mine explosion kills 31, traps 78

At least 31 miners were killed and 78 remain trapped 500 meters (yards) underground following a gas blast at a mine in China, state media said on Saturda...