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Friday, August 16, 2013

Incredible Hypocrisy -- Ecuador To Open The Amazon To Drilling

Ecuador -- this was the country that (fraudulently) sued Chevron for environmental concerns. Having lost that case (although there are remnants of the case that could still pop up), the country is now opening the Amazon to drilling. But that's only the beginning.

Apparently Al Gore couldn't get his cronies to save the Amazon.

Reuters is reporting:
Ecuador will open up part of the Amazon rainforest to oil drilling after rich nations failed to back a conservation plan that would have paid the country not to explore in the area, President Rafael Correa said on Thursday.

Correa launched the initiative in 2007 to protect the Yasuni area of the Amazon basin, which boasts some of the planet's most diverse wildlife, but said he had now scrapped it after it attracted only a small fraction of the sum it aimed to raise.
"I have signed the executive decree for the liquidation of the Yasuni-ITT trust fund and through it, end the initiative," Correa said in a televised address. ITT refers to three untapped oil blocks known collectively as Ishpingo-Tambococha-Tiputini.
And so it goes. The hypocrisy never ends. The forests alone would have been a great CO2 sink to help prevent global warming (which, of course, everyone knows, has been on "pause" for 15 years).

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