Ecuador refrains from Amazon oil drilling in return for $3.6bn

Posted by Washington Post: Juliet Eilperin on August 4th, 2010
Guardian: How much would you pay for the most biologically rich patch of land on Earth – some 675 sq miles of pristine Amazon, home to several barely contacted indigenous tribes, thousands of species of trees and nearly 1bn barrels of crude oil? Ecuador, home of the Galapagos Islands, the Andes mountain range and vast tracts of oil-rich rainforest, yesterday asked the world for $3.6bn not to exploit the Ishpingo-Tiputini-Tambococha oil block in the Yasuni national park. A knockdown price, it ......

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