Ecuador Banned Amazon Oil. Brazil’s Lula Wants To Drill (IB Times)

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    Ecuador Banned Amazon Oil. Brazil’s Lula Wants To Drill – By Joshua Howat Berger (IB Times) / Aug 25, 2023

    The timing spoke volumes: just as Ecuador announced its historic decision to halt oil drilling in a sensitive Amazon rainforest reserve, Brazil trumpeted its massive fossil-fuel investment plans — which include oil exploration near the mouth of the Amazon river.

    Oil is an increasingly uncomfortable subject for Brazilian President Luiz Inacio Lula da Silva, who casts himself as a climate crusader, but also faces criticism for his plans to grow Latin America’s biggest economy with fossil fuels.

    Brazil’s climate contradictions got a glaring spotlight Monday, after Ecuador announced voters had decided in a first-of-its-kind referendum to halt oil drilling in the biodiverse Yasuni National Park.

    CONTINUE > https://www.ibtimes.com/ecuador-banned-amazon-oil-brazils-lula-wants-drill-3709728

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