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Ecuador Ditches Plan To Protect Amazon From Oil Drilling

Ecuador Ditches Plan To Protect Amazon From Oil Drilling

Written by Kiley Kroh

Ecuador is abandoning an innovative plan that would have protected the Amazon rainforest from oil drilling due to lack of support from other nations and pressure to fulfill its international debts. The move not only comes as a blow to the environmentalists and indigenous groups that were fighting to protect an ecological treasure, but to those hoping it would serve as a model for providing developing countries the economic incentive to leave fossil fuel reserves untapped.

President Rafael Correa made theannouncement in a televised address on Thursday, saying, “With deep sadness but also with absolute responsibility to our people and history, I have had to take one of the hardest decisions of my government.”

Six years ago, Correa made the international community an offer: come up with half of the $7.2 billion value of a 4,000 square mile section of the Amazon jungle and Ecuador would refrain from drilling for oil. Essentially, pay us to keep our oil in the ground. Despite support from celebrities such as Leonardo DiCaprio and Bo Derek and the backing of the United Nations, government response was weaker than anticipated and the Yasuni-ITT initiative only collected $13 million of the $3.6 billion target.

Not only was the plan groundbreaking in its approach but designed to protect a critical habitat and slow the onslaught of climate change. This particular section of the Amazon, Yasuni national park, contains more tree species in a single hectare than in all of North America and is home to multiple indigenous tribes living in voluntary isolation. And leaving the reserves in the ground would prevent the release of an estimated 400 million tons of carbon pollution into the atmosphere.

“I believe that the initiative was ahead of our time and could not, or would not, be understood by those who are responsible for climate change,”said Correa.

Correa’s announcement drew hundreds of protesters to the presidential palace in Quito. According toAmazon Watch, “a recent poll cited 90% of the population favored leaving the ITT oil fields untapped.”

The Guardian reported thatpreparations for the reversal have been underway for quite some time and exploration could begin in a matter of weeks. “Oil companies have been quietly preparing for the abandonment of the initiative. PetroEcuador has pushed ahead with development of extraction block 31, which sits on the edge of the ITT. Roads are also under construction close to the ITT project in an area that is famous for jaguar sightings.”

Internationally, Ecuador is regarded for its progressive view of the environment. In 2008, the country became the first in the world to codify therights of nature into its constitution. Specifically, it recognizes the inalienable rights of ecosystems to exist and flourish, gives people the authority to petition on the behalf of ecosystems and requires the government to remedy violations of these rights.

And the country certainly knows the lasting devastation that can come from the oil industry’s presence. Last year, Ecuador won a major battle with Chevron in which the company was ordered to pay $18.2 billion after it polluted Amazonian rivers with 16 billion gallons of oil sludge from 1964-1990. The Ecuadorian court found that Chevron had dumped toxic waste into Amazon waterways used by indigenous groups for drinking water and caused massive harm to the rainforest. Chevron is still fighting the ruling, claiming it was a victim of conspiracy and a U.S. court recently backed the oil giant’s request tosubpoena vast amounts of activists’ internet data.

In a weekly address on Saturday, Correareferred to Chevron as “that enemy of our country.”

Correa may be feeling the pressure of his country’s mounting debt, particularly to China. In March,The Guardian reported that Ecudaor planned to auction off 3 million hecatres of pristine Amazon rainforest to Chinese oil companies, a decision that drew sharp rebuke from environmentalists and indigenous groups. “Ecuador owed China more than 4.6bn ($7bn) as of last summer, more than a tenth of its GDP. China began loaning billions of dollars to Ecuador in 2009 in exchange for oil shipments. More recently China helped fund two of its biggest hydroelectric infrastructure projects. Ecuador may soon build a $12.5bn oil refinery with Chinese financing.”

This post was originally published on ThinkProgress.

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Photo Credit: Thinkstock

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10:36AM PST on Nov 10, 2013

Oil Companies = Global Terrorist Organizations. China is a country that has been taken over by Corporate Terrorists and wrecked forever. The polluted wasteland of China is what you get if you allow Corporate Terrorists like Shell and Chevron to have free rein to do what they want. The "executives" of these criminal corporations should all be in jail for the rest of their criminal lives.

10:02AM PDT on Sep 7, 2013

All in the greed of China, this is very very sad news.

The devastation that this will cause is more then the debt owed to China.

This is truly heartbreaking news for this pristine land. What a waste and shame.


9:54PM PDT on Sep 6, 2013

This is so sad!

1:27PM PDT on Sep 6, 2013

This is really sad. We all need to try and support green technologies/ideas wherever possible in our lives.

5:03AM PDT on Sep 5, 2013

Buy foreign cars only and support the decreasing demand for oil.

2:04PM PDT on Sep 3, 2013

Pres Correa and others with a similar view likely never had any intention to follow through on the promise to leave the Amazon alone, even if the international community had come up with and provided the money they were demanding. I think it's just as wrong to hold a habitat hostage (complete with ransom demand) as to hold a person hostage. That may as well have been what Correa was doing.

12:41PM PDT on Sep 1, 2013

For all the hundreds of given to banks (who deal in clients money the bailouts all went to replenish accounts, it's high time some very wealthy people to show their gratitude for their fortunes being saved, and the banks that didn't need a bailout would've been hit due to interbank lending) the world couldn't find $3.6 billion to help avert the climate catastrophe we're heading like a runaway train towards.
Fair play to Ecuador, they made a very generous offer but the powers that be prefer to support excessive profiteering to at the expense of the environment instead of preserving it.

3:23AM PDT on Sep 1, 2013

sad news but thanks for sharing and signed the petition Eleonora O :)

11:31AM PDT on Aug 30, 2013

When will they ever learn.

6:09AM PDT on Aug 29, 2013

This is sad.

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