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Ecuador

Oil Exploration, the Amazon Rain Forest, and the Migration to Renewable Energy

Oil Exploration, the Amazon Rain Forest, and the Migration to Renewable Energy

written by 2GreenEnergy

Those of us who had hoped for deals that would leave some of the Earth’s fossil fuels safely in the planet’s crust are a little less confident in the success of such arrangements today than we were last week, before this story broke. Apparently, Ecuador has pulled the plug on a deal it had made to refrain from oil exploration in the Amazon rain forest in exchange for cash that was to have come from developed countries all over the world. The cash didn’t materialize, the deal is off, and the demise of the rain forest is in full swing.

That’s a disappointment. It looks increasingly as though the world’s pursuit of fossil energy will continue until it is no longer economically viable, i.e., until the price of alternatives, e.g., renewable energy and synthetic fuels, fall below the price of coal, oil, and natural gas. It appears unlikely that we’ll factor in the costs of the long-term environmental damage and the harm of our health, and we’ll go on exploiting fossil resources until the costs of extracting, transporting, refining, and distributing them (ignoring the cost of cleaning up after them) goes above the levelized cost of energy from clean sources of energy.

The good news is that we’ll eventually get there. The bad news is that we have no idea how much damage we will have done in the process.



June 11, 2014 0 comment
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Oil Drilling Permits Issued for Key Area of Yasuni Park

Oil Drilling Permits Issued for Key Area of Yasuni Park

written by Yale Environment 360

The Ecuadorean government has issued permits to begin oil drilling in a key area of the Yasuni Biosphere Reserve and National Park, one of the most biodiverse places on the planet.

Environment Minister Lorena Tapia said the government had signed permits to begin preparations for drilling in the so-called ITT section of the park, which contains two uncontacted indigenous tribes; drilling itself could begin as early as 2016, the government said.

Ecuador’s President, Rafeal Correa, had offered to ban drilling in large sections of the park if the international community raised $3.6 billion to compensate the country for leaving the oil in the ground. But after only $13 million was raised, Correa gave the green light to drilling, saying “the world has failed us.”

Oil drilling has already taken place in some areas of the 6,500-square-mile park. As this Yale Environment 360 video shows, Yasuni is home to a remarkable array of species, including roughly 400 species of fish, 600 species of birds, and thousands of species of vascular plants and trees.



May 27, 2014 0 comment
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Ecuador Abandons Moratorium on Oil Drilling in Biodiverse Yasuni Park

written by 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

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August 19, 2013 0 comment
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The Rights of Mother Earth – Ecuador and Bolivia Enshrine Her Rights

written by Walter Wang

Following in the footsteps of Ecuador, Bolivia is about to declare rights for Mother Earth.

It appears to be a sort of virus – a crisis of conscience – spreading across South America, as more and more governments, driven by the will of their people, begin to realize that La Madre, Mother Earth, is not simply a thing to be

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June 16, 2011 0 comment
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Chevron Ordered to Pay Ecuador $8.6 Billion for Environmental Damages

written by 2GreenEnergy

Those of us who have seen the film documentary “Crude” were heartened yesterday as a court in Ecuador ordered the oil giant Chevron to pay $8.6 billion for dumping billions of gallons of toxic oil waste into Ecuador’s rain forest. The judgment is one of the largest ever imposed for environmental contamination in any court.

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February 16, 2011 0 comment
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Ecuador Gives Oil Profits to the People

written by Earth & Industry

After burning through five energy ministers, President Rafael Correa was finally able to pass the petroleum reform that replaces a production-sharing model with a flat rate per barrel produced payment scheme. The oil of Ecuador now belongs to the Ecuadorian state.

As the IPS reported, January 23rd marked

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February 4, 2011 0 comment
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