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Yasuni

Posted inEnvironment, Tech

Ecuador, ‘our rainforest’ and growing money on trees

Mike Baillie by Mike Baillie 29 August 20134 September 2013

It was an incredibly bold plan to begin with, and heart-breaking when it failed. Rather than drill for oil in the Yasuni rainforest, Ecuador would keep the forest intact and biodiversity flourishing in exchange for compensation of $3.6 billion. That’s roughly half of what the country would have made if the drilling went ahead. Earlier this […]

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